SPY Analysis
Weekly
- Tweezer Top
- Bearish Momentum
4Hr
- Bearish RSI and MACD
- Decreasing Volume
1Hr
- Island Top Reversal
- Falling Wedge
Weekly SPY Pivot Points
- Pivot: 304.67
- R1: 306.97 R2: 310.43 R3: 313.99
- S1: 298.91 S2: 294.35 S3: 292.85
Prediction
- Short Term Expecting Upper Trend Line & Golden Zone to Form a Descending Triangle, Before Breaking to the Upside
- Staying Cautious Due to Rising Coronavirus Cases and States Having to Shut Down Again
- Tweezer Top
- Bearish Momentum
4Hr
- Bearish RSI and MACD
- Decreasing Volume
1Hr
- Island Top Reversal
- Falling Wedge
Weekly SPY Pivot Points
- Pivot: 304.67
- R1: 306.97 R2: 310.43 R3: 313.99
- S1: 298.91 S2: 294.35 S3: 292.85
Prediction
- Short Term Expecting Upper Trend Line & Golden Zone to Form a Descending Triangle, Before Breaking to the Upside
- Staying Cautious Due to Rising Coronavirus Cases and States Having to Shut Down Again
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