Daily SPY demand zone is $581-$586, lots of buys within that range. We´d need a major and negative catalyst to break lower than that, especially with the daily 200ma @$577.
Worsening China tariff and regressive trade news next week to push SPY to it´s $577 200 MA or at least some positive news from the Canadian and Mexican pause ending June 9th to at least continue to hold us at the higher end of the range ?
Worsening China tariff and regressive trade news next week to push SPY to it´s $577 200 MA or at least some positive news from the Canadian and Mexican pause ending June 9th to at least continue to hold us at the higher end of the range ?
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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.