SPY reversal
Notice the areas of resistance on the SPY.
I believe we will see the gap fill today and continue the descent.
daily candle closed under 200MA after testing it and below trend resistance.
The candle stick indicates a bearish reversal is soon.
ES1 fell out of rising wedge in premarket too.
Good Luck
I believe we will see the gap fill today and continue the descent.
daily candle closed under 200MA after testing it and below trend resistance.
The candle stick indicates a bearish reversal is soon.
ES1 fell out of rising wedge in premarket too.
Good Luck
Note
Fill the opening Gap, confirm channel breakdown and descend to complete the lower gap?
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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.