SPDR S&P 500 ETF Trust
Long

SPY Lovers ! Bullish and Strong but wait... there is a challenge

140
There's really not much to analyze here. As we can see on the chart, SPY remains strong and in an upward direction.

What I'm expecting: I'm waiting for the price to reach my 565.16 zone as a rejection or liquidity point so that it can regain strength and eventually break through the zone later on.

Other than that, there's not much to analyze—SPY remains strong.

The challenge this week will be reaching new highs, as we have very important economic news coming up, which could bring a lot of volatility.

We'll see what happens this week.
Thank you for supporting my analysis.

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.