SPY update 7/4
D:
Sentiment: Above Neutral
Trend: up
Flow: N/A
Support: 548 b\o resistance turned support test/ 530 UTL
Resistance: 580 UTL
4hr:
Sentiment: Bearish
Trend: up
Support: 540-543
Resistance: 560
1hr:
Sentiment: above neutral
Trend: up
Support: 550psych/UTL
Resistance: 552 UTL
Analysis:
Sentiment not much of a factor here considering that we can stay hot longer than expected and other than 4hr others are above neutral. Nice b/o on daily has room to run higher if data comes out + for SPY Friday. Just like Q’s I’d like a retest of b/o zone for a long
Sentiment: Above Neutral
Trend: up
Flow: N/A
Support: 548 b\o resistance turned support test/ 530 UTL
Resistance: 580 UTL
4hr:
Sentiment: Bearish
Trend: up
Support: 540-543
Resistance: 560
1hr:
Sentiment: above neutral
Trend: up
Support: 550psych/UTL
Resistance: 552 UTL
Analysis:
Sentiment not much of a factor here considering that we can stay hot longer than expected and other than 4hr others are above neutral. Nice b/o on daily has room to run higher if data comes out + for SPY Friday. Just like Q’s I’d like a retest of b/o zone for a long
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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.