Get started
SPDR S&P 500 ETF TRUST
Long
Updated

$SPY possible breakout from asymmetrical triangle

296
SPY is currently testing the upper falling trend line of the asymmetrical triangle
snapshot

If the retest succeeds and the breakout is confirmed, then a year-end rally in the stock markets including new SPY highs is likely

NKE is already one step ahead and the breakout seems to have been successful
snapshot
Note
Very nice breakout. Asymmetrical triangle is a very strong formation.
snapshot
OfficerDonut
Also on:
Chart PatternsTriangle

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.
Chart PatternsTriangle
OfficerDonut
Also on:

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.