Get started
S&P 500 Index
Short

S&P500 Index (SPY) Time For The Next Decision

By VasilyTrader
snapshot

SPY is stuck in a decision range between two key structure levels.
if you still don't have an active position, the best strategy is to wait for a breakout.

the side of the breakout will show you the future market direction with a high degree of accuracy.

of course, we still stick to a bearish bias and bearish scenario is highly probable,
but in our age of uncertainty, everything can happen!

our first goal for bearish breakout will be 2600 level.
for bullish breakout - 2970

good luck and be patient!

Chart PatternsS&P 500 E-Mini FuturesfuturesindexesS&P 500S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) StocksTrend AnalysisWave Analysis
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅
Also on:

Related publications

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.