Ticker: 
SPY
SPY dropped down to lower lows WITHOUT any follow through. This gives bulls the chance to get some sort of bounce going to start next week. Like always, volume will be key if this is indeed a bounce or "significant" bounce.
Bulls have to break 331.20 resistance to start the week in order for us to say our weekly lower high (319.80) is set. The
NDX or 
QQQ, basically tech sector) is relatively stronger than SPY so I will keep an eye on that if it breaks first.
If it breaks first, that can be an early indication for bull momentum and I may enter a bull position for a scalp.
Remember, don't be bias, just go off of technical because the fundamentals will drive you crazy in addition to your emotions.
SPYSPY dropped down to lower lows WITHOUT any follow through. This gives bulls the chance to get some sort of bounce going to start next week. Like always, volume will be key if this is indeed a bounce or "significant" bounce.
Bulls have to break 331.20 resistance to start the week in order for us to say our weekly lower high (319.80) is set. The
NDX or QQQ, basically tech sector) is relatively stronger than SPY so I will keep an eye on that if it breaks first.If it breaks first, that can be an early indication for bull momentum and I may enter a bull position for a scalp.
Remember, don't be bias, just go off of technical because the fundamentals will drive you crazy in addition to your emotions.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.