Spy correction
📉 SPY Technical Analysis: Potential Upcoming Correction 📉
Several periods have been identified where volume compresses significantly before suddenly expanding. Historically, these movements have preceded prolonged corrections over time, repeating consistently.
Currently, SPY is showing similar signals, with a volume exhaustion structure and an accumulation phase that could trigger a corrective move in the coming sessions. I’ll be watching for pattern confirmations and key levels.
📊 What do you think? Do you see a possible correction ahead? 🚀📉 #SPY #TechnicalAnalysis #Trading
Several periods have been identified where volume compresses significantly before suddenly expanding. Historically, these movements have preceded prolonged corrections over time, repeating consistently.
Currently, SPY is showing similar signals, with a volume exhaustion structure and an accumulation phase that could trigger a corrective move in the coming sessions. I’ll be watching for pattern confirmations and key levels.
📊 What do you think? Do you see a possible correction ahead? 🚀📉 #SPY #TechnicalAnalysis #Trading
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.