SPY Daily Chart update
From 7/18 until 7/28, SPY has been setting up a nice volume base (boxed area), low volume zone above (red arrow), setting up for a further run higher. We finished Friday with a nice green hammer which settled above the pivot of the prior red candle.
My guess, 473 to 475 area.
My guess, 473 to 475 area.
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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.