Get started
SPDR S&P 500 ETF TRUST
Long
Updated

SPY support reversal

99
Im long once price crosses above the green line in a 30 mn or 1 hr time frame. Market is exhausted and sitting on key support. The white lines are possible price action movements (definitely not gauranteed) that has a high chance of happening. usually the market likes to make an inverse head and shoulders or double bottom when it reverses so Im guess this bear flag that we are creating is either going to make a new low under 180 and fail to follow through or we will see the market make a higher low above 180.00.
Trade active
nailed this bottom and price action
YusufS
breakoutdollarDouble BottomEURForexHead and ShouldersIDEAinversemarketpatterntradingPLAYSPDR S&P 500 ETF (SPY) StocksUSD

Related publications

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.
breakoutdollarDouble BottomEURForexHead and ShouldersIDEAinversemarketpatterntradingPLAYSPDR S&P 500 ETF (SPY) StocksUSD
YusufS

Related publications

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.