SPY potential drop to 400
SPY still hanging on in this new downward channel.
Dojis on the 2/3 hour chart at top of channel and formed a rising wedge on the 30 min.
Volume very low as price has gone up past couple of days!
I think 400 is a very possible target for SPY this month
Dojis on the 2/3 hour chart at top of channel and formed a rising wedge on the 30 min.
Volume very low as price has gone up past couple of days!
I think 400 is a very possible target for SPY this month
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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.