Yesterday, SPY broke & closed below the long term support line that it was following since April 2020. SPY has bounced from this support 6 times while came near it around 3 times before reversing. It has finally broken this support yesterday, retested it (and got rejected) today and closed at 451.75). I think we see it touching 448 until Friday (tomorrow, we might have a relief bounce or it might go to 448 tomorrow).
In case it goes down, the next supports are in the region 438-444 and then 430-434.
With the earnings season going on and AAPL reporting earnings on 1/27 and FOMC meeting on 1/25 and 1/26, this is more of a pendulum and can swing in any direction.
This idea is inspired from/dedicated to lavontakeyamon
In case it goes down, the next supports are in the region 438-444 and then 430-434.
With the earnings season going on and AAPL reporting earnings on 1/27 and FOMC meeting on 1/25 and 1/26, this is more of a pendulum and can swing in any direction.
This idea is inspired from/dedicated to lavontakeyamon
ノート
the 438-444 region also has the 200 Days Moving Average.ノート
Futures are up once again, however, it could be that we see a dump after open (like yesterday) or it could continue going up. Futures have been weird lately.ノート
SPY went up to 458.74 but then the flush started and it closed at 446.75. There might be a relief bounce to retest 450 and then to 444 and even 438-440 which will be interesting.
関連の投稿
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。
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。