Close up of 6th May SPY Action
Today as expected and foretold last week the lower Median lines were successfully tested
Testing involves going under, on, over, under, on, over line like a rolled over 'S' - looks like a jiggle on chart
There are multiple medians reflecting the trend time from years, months, weeks, days, hours etc. The longer the trend the stronger support or resistance
Chart shows 1 minute bars - unable to display 100 DMA in this time frame
Testing involves going under, on, over, under, on, over line like a rolled over 'S' - looks like a jiggle on chart
There are multiple medians reflecting the trend time from years, months, weeks, days, hours etc. The longer the trend the stronger support or resistance
Chart shows 1 minute bars - unable to display 100 DMA in this time frame
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.