SPY had an hourly MA crossover (13 EMA/30 SMA) close to end of trading session Monday.
It is now challenging support at $349 and the 50 SMA which have converged.
If SPY breaches $349, the first target is support at $343 and the next one is the previous ATH at $338.
It is now challenging support at $349 and the 50 SMA which have converged.
If SPY breaches $349, the first target is support at $343 and the next one is the previous ATH at $338.
交易結束：達到停損點
Looks like SPY is retesting the previous high again. Putting this idea on hold until it crosses back lower against MAs.
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