$SPY is headed towards the 50EMA which sits at the $400 PL
SPY has taken out most of my bearish price targets and is headed towards the 50EMA which sits at the $400 PL. This is a must hold or we'll see $396.50, $395, then the top of the downtrend breakout.
If it bounces off $400 we'll likely retest $404 before a continuation.
Tracking chart Setups like meteorologist track Storms.
Related publications
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Tracking chart Setups like meteorologist track Storms.
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.