SPY calls incoming
Head and shoulders after a huge rally to possibly complete the leg of this move.
We have it gaining momentum at the .50 retrace which indicates this didn't need a lot of convincing to shoot up.
Divergence on the 15 and up would really give it what it needs as well as some dovish rhetoric from the fed on rate, or some great news for the U.S economy on a fundamental level.
We have it gaining momentum at the .50 retrace which indicates this didn't need a lot of convincing to shoot up.
Divergence on the 15 and up would really give it what it needs as well as some dovish rhetoric from the fed on rate, or some great news for the U.S economy on a fundamental level.
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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.