Yesterday’s rally in the 
SPY confirms our hypothesis that the overall market looks like an inverse head and shoulders with the neckline at 440. The measured move if confirmed would take us above the all time high. We are cautiously bullish for the end of the year as seasonality is in our favor. Major headwinds such as inflation, treasury yields, chip and labour shortages will continue to play a role, but seem to have been priced in for now.
SPY confirms our hypothesis that the overall market looks like an inverse head and shoulders with the neckline at 440. The measured move if confirmed would take us above the all time high. We are cautiously bullish for the end of the year as seasonality is in our favor. Major headwinds such as inflation, treasury yields, chip and labour shortages will continue to play a role, but seem to have been priced in for now. 
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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.