SPDR S&P 500 ETF Trust
ロング
更新済

SPY: Potential market bottom during consolidation phase

757
I think we may have seen the bottom in SPY, judging by the action in the last couple days. The market had reached the peak of a weekly signal, and after time ran out for the projected advance started a steep correction until now. Sentiment has peaked apparently, and we could be seeing a turn around in bonds, oil, and $VIX.
Keep in mind we might be consolidating, and moving sideways all year, which is what long term (2 month bars) Timemode signals imply, and which also aligns with fundamentals here overall. Despite this, the market is supported, and a larger decline is not likely to happen.
I hold larger positions in metals, and miners, with some exposure to oil, Euro and SPY here.

Cheers,

Ivan Labrie.
手動でトレードを終了しました
スナップショット

Exit here, we will rebuy on dips.
トレード稼働中
Bot back today, last: 273.02

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。