SPDR S&P 500 ETF TRUSTEducation
SPY - expecting a bounce towards 259 and a lower high
Daily RSI enters oversold area below 30, and we should expect a brief bounce and a lower high to be formed here.
Target: 259
If the downtrend continues and passes 244, my call will be invalidated.
Target: 259
If the downtrend continues and passes 244, my call will be invalidated.
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.