trend channel spy.
Its important for spy to close inside the trendline it was in. if it closes out of the trendline we might see SPY go down another 2%. The voting decision of who will run the senate might be a heavy influence of where the market will head in the next couple of days. To be honest if it does go down it will only be momentarily as I see a sell off happening primarily over emotional decisions. ones those emotional trading occurs we might start seeing a steady uptrend and possibly volatility reducing.
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.