This song remains the same, at least during Globex. Several bearish weekly candlesticks, including those for $ES_F, 
SPX, and 
SPY so far, are not hindering the intense chasing buying pressure. The uptrend remains intact as long as the 10-day simple moving average continues to provide support. The recent weekly Doji could indicate a possible pullback if today's closing price falls below 6843. It's important to note that the volume did not support the breakout above the resistance level at 6814 on October 25, resulting in a new ATH. In contrast, there was a higher volume on Thursday and Friday, both of which closed with red candlesticks. Additionally, the average volume over the past two weeks has been decreasing.
SPX, and SPY so far, are not hindering the intense chasing buying pressure. The uptrend remains intact as long as the 10-day simple moving average continues to provide support. The recent weekly Doji could indicate a possible pullback if today's closing price falls below 6843. It's important to note that the volume did not support the breakout above the resistance level at 6814 on October 25, resulting in a new ATH. In contrast, there was a higher volume on Thursday and Friday, both of which closed with red candlesticks. Additionally, the average volume over the past two weeks has been decreasing.
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.