SPY S&P500 ETF W-Shaped Recovery

已更新
If you haven`t bought the previous correction:
SPY S&P500 etf Bearish Divergence


Now historically, the SPY S&P500 ETF has demonstrated a consistent pattern where a Relative Strength Index (RSI) at or below 30 triggers buying activity.
This technical indicator, typically viewed as signaling an oversold condition, has reliably attracted investors looking to capitalize on perceived undervaluation.
As a result, these dips have been quickly bought up, suggesting a strong market tendency to rebound from such low RSI levels.

I expect the recovery to be V-shaped or W-shaped, ending the year higher.
交易結束:目標達成
SPY looking more like a V shaped recovery!
buy-sell-indicatorsChart PatternsTechnical Indicatorssignalssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spy500spyforcasttradingcourseTrend Analysis
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