Rozpocznij
RizeSenpai

The $SPY is Potentially Setting up for Another Short-term Bounce

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
RizeSenpai  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Trend Analysis Harmonic Patterns Bullish Gartley Bullish Engulfing Bullish Divergence Falling Wedge Gartley
4
4
chartpattern trendanalysis harmonicpatterns bullishgartley bullishengulfing bullishdivergence fallingwedge gartleypattern
Today on the 4HR Timeframe we went down Below the Demand Line of a Falling Wedge Channel but ultimately closed back within the Channel then Bullishly Engulfed at the PCZ of a Bullish Gartley on the close of the next candle. We also showed slight hints of Bullish Divergence on the MACD whilst this was going on. This looks to be pretty good for any Market Bulls out there in the short to midterm but i we aren't completely out of the woods yet as the Macro is still Bearish. I will be looking for a Midterm bounce in the SPY but wont be targeting much higher than $450 before looking to see more continuation to the downside.

Powiązane pomysły

RizeSenpai
Bearish 5-0 Entry Below Ascending Broadening Wedge Demand Line
RizeSenpai
Temporary Bounce in the SPY off the Moving Averages Incoming
RizeSenpai
Daily Head and Shoulders Pattern on the $SPY
Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.