In my opinion, if we make a new low on 
SPY we just might be walking down to cover the gap between $400.67 and $403.38. Note how quickly a single candle filled the $411.05 gap and the declining volume . Could lead to an inverted H&S and flip bullish . NFA . Anything can happen in this market. Happy trading!
SPY we just might be walking down to cover the gap between $400.67 and $403.38. Note how quickly a single candle filled the $411.05 gap and the declining volume . Could lead to an inverted H&S and flip bullish . NFA . Anything can happen in this market. Happy trading!Note
Gap between $400-$403, filled on 5/9/2022
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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.