Feb 23, 2023 - Long off Support Zone
“Go Long”
Looking ahead to Thursday, I see SPY bouncing off a VP shelf, which represents prior resistance turned support. A strong close into this support zone (398.40-401.16) to end the day today has me thinking long into tomorrow if price holds up in pre-market.
An hourly close under 398 invalidates idea.
SPY
Looking ahead to Thursday, I see SPY bouncing off a VP shelf, which represents prior resistance turned support. A strong close into this support zone (398.40-401.16) to end the day today has me thinking long into tomorrow if price holds up in pre-market.
An hourly close under 398 invalidates idea.
SPY
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.