SPY short term retracement
Based on its history when trading above the 10D MA, when met by a curve above, it typically means it will retrace back to the 10MA. It has a GAP to fill from $447.46-446.75. Looking for short term retracement before pumping higher.
Note
lots of buyers today but will be really volatile the next two days with lots of big bank earnings as well as TSLA wed.
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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.