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SPDR S&P 500 ETF TRUST
Updated

$SPY // S&P 500 4h: Bearish divergence. Don't let this fool you!

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Quick and simple one for today. Don't be fooled by this pseudo-recovery. Note increasing price on decreased volume? Better buy in ahead.
Note
Very basic TA on divergences can result in some nice profits. Hey, whether it pays for a coffee or your rent, profit is profit. :)
monas
Bearish PatternsBullish PatternsbulltrapDivergenceTechnical IndicatorspriceS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) TRAPVolume

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.
Bearish PatternsBullish PatternsbulltrapDivergenceTechnical IndicatorspriceS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) TRAPVolume
monas

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.