SPY500
In monthly chart, overall market is still going down trend.
Weekly Chart shows some consolidation is happening.
Daily chart shows that price is ranging.
I will keep money at the sideline and will not trade for now since the direction of the market is uncertain.
Short term wise, it is bullish.
In monthly chart, overall market is still going down trend.
Weekly Chart shows some consolidation is happening.
Daily chart shows that price is ranging.
I will keep money at the sideline and will not trade for now since the direction of the market is uncertain.
Short term wise, it is bullish.
Note
The price has broken the resistance level.
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.
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.