SPY SPY is not in a good shape in the week of the quadruple witching day. Key levels, in my opinion, to look ahead: 1) EMA cloud zone support at 293 (if it breaks 293 then a trend reversal is confirmed and spy will head lower); 2) 0.618 fib-retracement at 283; 3) VMAP since the bottom in March at 278; 4) Prior (April and May) support lever at 276.
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.
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.