SPDR S&P 500 ETF Trust
Long

SPY: Status update and outlook for next week

828
Hey everyone,
As per ush, sharing my thoughts, opinions and analysis on $SPY.

Hope you find it helpful and as always safe trades!

Uwaga
The bullishness was accelerated, took me by surprise but at least knew enough to long it.
Unfortunately since it circumvented the reference target there is a real likelihood that we head back down to it, its also not unreasonable to expect a re-test of the trendline now that we have successfully reclaimed and held it (though this isn't a rule like the rules I outlined in the video, but it happens more often than not).

Tuesday is looking like a bearish day according to forecast, so expect at least a re-test of that trendline
snapshot

Otherwise no complaints, SPY followed through on the projected bullishness.

Hope everyone had a good trading day!

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