Expectations for SPY tomorrow and Monday
Analysis is in the charts
Quick analysis:
1. Currently trading in a small descending channel
2. Small descending channel is currently at the bottom of a big descending wedge that we've formed in the last week
3. Big descending wedge is also a concurrent falling channel
(in chart i show my predictions of the gradual breakouts of each of these patterns.
Quick analysis:
1. Currently trading in a small descending channel
2. Small descending channel is currently at the bottom of a big descending wedge that we've formed in the last week
3. Big descending wedge is also a concurrent falling channel
(in chart i show my predictions of the gradual breakouts of each of these patterns.
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.
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.