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SPDR S&P 500 ETF TRUST

SPY break to the downside of the rising wedge - next levels

295
SPY's rising wedge is not broken, more downside ahead.

The next levels to consider are:
  • fib retracement level 0.382 at $264.31
  • then, a major support line in play since 2016 at around $258
  • finally, another fib retracement level 0.236 at $246.65
carvil_
compounding.works/
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Chart PatternsTechnical IndicatorsSPDR S&P 500 ETF (SPY) Trend Analysis

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Chart PatternsTechnical IndicatorsSPDR S&P 500 ETF (SPY) Trend Analysis
carvil_
compounding.works/
Also on:

Related publications

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.