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SPDR S&P 500 ETF TRUST
Long

Successful Inverse H&S test on SPY

144
While many are confused on which way the market will go next, there does appear to be an inverse head and shoulders pattern already developed in SPY. Friday's down draft merely tested (and held) the breakout level.

Next stop, 278
Glewis54
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Chart PatternsInverse Head and ShouldersSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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.
Chart PatternsInverse Head and ShouldersSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis
Glewis54
Also on:

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.