SPY index ETF price has been in an uptrend & ascending channel throughout 2021.
Price is currently testing the upper resistance trendline (~$470).
Bearish Scenario: Price falls down below $466 to $460.
Bullish Scenario: Price breaks up above $470 to $480.
Support(s): $466, $464, $460, $455, $452, $448, $446.
Resistance(s): $470, $472, $476, $481, $485, $488, $494.
Note: Q3 2021 Earnings Season will end after mid-November.
Price is currently testing the upper resistance trendline (~$470).
Bearish Scenario: Price falls down below $466 to $460.
Bullish Scenario: Price breaks up above $470 to $480.
Support(s): $466, $464, $460, $455, $452, $448, $446.
Resistance(s): $470, $472, $476, $481, $485, $488, $494.
Note: Q3 2021 Earnings Season will end after mid-November.
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All posts are not financial advice.
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Follow Me on TradingView and Youtube.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.