Hi Everybody,
The Weekly SPY is exactly a Year on from last years high, please see the Chart. We are also at the MTPredictor maximum DP resistance zone, so I wonder whether this gives the market a reason for making a reversal from this level?
For me, the yearly anniversary (Week of Feb 18, last year), to last week (week of Feb 16), is a significant point in time.
So lets see what happens from here ?
The Weekly SPY is exactly a Year on from last years high, please see the Chart. We are also at the MTPredictor maximum DP resistance zone, so I wonder whether this gives the market a reason for making a reversal from this level?
For me, the yearly anniversary (Week of Feb 18, last year), to last week (week of Feb 16), is a significant point in time.
So lets see what happens from here ?
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Help Videos: mtpredictor.com/tradingviewhelp/
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MTPredictor Professional Trading Software: mtpredictor.com
Trading View Scripts: mtpredictor.com/tradingview
Help Videos: mtpredictor.com/tradingviewhelp/
Trading View Scripts: mtpredictor.com/tradingview
Help Videos: mtpredictor.com/tradingviewhelp/
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.