Next week is very crucial for SPY:
2 Scenarios could play out:
Scenario # 1: [GREEN] If 329.50 support does not hold, we will see a further correction toward 315 level.
Scenario #2: [YELLOW] If 329.50 hold, a strong movement with good volume could push SPY toward 360 level.
2 Scenarios could play out:
Scenario # 1: [GREEN] If 329.50 support does not hold, we will see a further correction toward 315 level.
Scenario #2: [YELLOW] If 329.50 hold, a strong movement with good volume could push SPY toward 360 level.
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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.
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.