SPDR S&P 500 ETF TRUST
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SPY S&P 500 ETF game plan for this week

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After last week`s rebound played perfectly:
SPY S&P 500 ETF Double Bottom Technical Rebound


As well as the the Head and Shoulders Bearish Chart Pattern:
SPY S&P 500 etf Head and Shoulders Chart Pattern


For this week i have selected the 1h timeframe to understand better the possible movement.

I believe that we will see a rebound once again at the beginning of this week after the speaks of Chicago FED Presidend and Vice Chair of FED on Monday and Cleveland FED President on Tuesday, but the market will close once again red on Friday, after the bank reports, where i think we will hear about revisions and recession incoming.

Looking forward to read your opinion about it.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.