Be Prepared For More Down Trend in SPY!
Hello fellow traders,
Recently SPY has been pretty profitable this year, however we were not able to break the price highs of December 2021.
Instead we have recently created a higher low, which indicates a bearish channel ahead short term.
There is a short term liquidity pocket at $425- $429 for SPY.
Short term recommended is bearish action.
With Treasury bonds yielding 5.5% Risk Free, money will shift from profit takers in equities into bonds short term.
Stay alert out there.
Recently SPY has been pretty profitable this year, however we were not able to break the price highs of December 2021.
Instead we have recently created a higher low, which indicates a bearish channel ahead short term.
There is a short term liquidity pocket at $425- $429 for SPY.
Short term recommended is bearish action.
With Treasury bonds yielding 5.5% Risk Free, money will shift from profit takers in equities into bonds short term.
Stay alert out there.
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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。