SPY - Measuring Flag Warning

250
The SPX sell-off from September 2nd highs, created a consolidation range (orange rectangle) from $330-340 approximately.

Making a measured move, with the consolidation constituting a half-way measuring flag structure (blue arrows).


100 exponential moving average is now the trend support, coincidental with June highs. Unfortunately, this is not a support trend historically market makers pay special attention to.


Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.