Spy Projection for the next couple yearsif you know you know lol spy drops to fill gap from the pandemic. if the market is "Liquid" then gaps fill.
About SPDR S&P 500 ETF TRUST
SPY Fund Summary
The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the Index), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the Index), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
SPY SPDR long will go to 630 USDClear Long trend, correction catched above 50% retracement
Trend bullish
short term PT 490
A break above 491 will push SPDR to 630 and higher
If SPY demonstrates a downward movement below the levels of 434.00 and 430.50, it would indicate a further downside potential. In such a scenario, the init
#SPY as clean as they get for a shorting level on S&P500I did a clean chart on SPY as my original chart was quite cluttered but I think this gives a very clear view and why I thought this recent move higher into resistance was a very shortable area. There are 3 very important inflection points which 9 out of 10 times were going to get a reaction. These a
Black Swan - Omicron OmegaSpeculation for Macro:
- State of Emergency and lockdown for 10 weeks due to Omicron variant.
- Bear market until Feb 2022.
"Move fast, move hard" - Naftali Bennett
GLHF
- DPT
SPYThe S&P is under some selling pressure, which we can see in the upper vwap levels.
What we are looking for is to see if we gain or reject the upper vwap levels if rejection look for us to challenge the buyers at the lower vwap levels.
$SPY #stocks #stockmarket #investing #trading #finance #investment #business #invest #investor #trader #wealth #cryptocurrency #stock
Spy levels White dotted line is the market recent trend line that I’ve been following. Red lines are levels I expect to test in a bullish or bearish situation. Incase of a major pull back orange dotted lines is where I expect the market to stay at in terms of a range.
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Displays a symbol's price movements over previous years to identify recurring trends.