$SPY trying to recover
Updated
SPY completed a bullish Gartley in its daily chart and it's currently headed towards the resistance of 266.70.
Overall picture gives a downtrend nonetheless.
Stochastic RSI in oversold territory and MACD recovering but still in negative territory confirms it.
Not a trading advice, merely an idea for educational purposes
Overall picture gives a downtrend nonetheless.
Stochastic RSI in oversold territory and MACD recovering but still in negative territory confirms it.
Not a trading advice, merely an idea for educational purposes
Trade closed: target reached
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