Coming out of a nice bearish trend SPY has bounced nicely off the 200-day Moving Average on the weekly time frame.

Historically, the 200-day moving average has been a massive level of support and resistance. You can always expect some nice volatility around there.
Coming out of the bearish trend we do have some more bearish trend lines to hit.

As of now, I'm just watching this trading range and seeing how the market reacts to the unemployment rate tomorrow (OCT 7th) 8:30 ET. 3.7% reported last month is the number to beat.
Be patient and wait for the market to pick a side before loading any trades. On the other hand, make sure you're taking advantage of these nice discounts across the board for your long-term portfolio
Historically, the 200-day moving average has been a massive level of support and resistance. You can always expect some nice volatility around there.
Coming out of the bearish trend we do have some more bearish trend lines to hit.
As of now, I'm just watching this trading range and seeing how the market reacts to the unemployment rate tomorrow (OCT 7th) 8:30 ET. 3.7% reported last month is the number to beat.
Be patient and wait for the market to pick a side before loading any trades. On the other hand, make sure you're taking advantage of these nice discounts across the board for your long-term portfolio
注释
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。