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First salvo
SPDR S&P 500 ETF TRUST
Long
First salvo
By insyyte
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Jun 12, 2020
6
Jun 12, 2020
A great trend day for bears ended with SPY smashed for a loss of -5.7%. But still above support zone.
ES futures are nice up 54 handles suggest a robust 1.8% higher open for SPY as of now.
I expect vigorous 2 way trade in RTH.
Indicator has started to develop divergence. But one day a trend does not make
Above SPY 300 and the ball is still with the bulls.
Chart Patterns
esfutures
SPDR S&P 500 ETF (SPY)
Trend Analysis
insyyte
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