Can anything stop the SPY?
The SPDR S&P 500 Trust ETF (
SPY) keeps testing new highs, now hovering around the $306 range with key breaks in a wedge formed on the W chart. It starts the week bearish hinting towards an attempt to break back into the wedge, but only time will tell. This could be sign of a breakout for the SPY, indicating changes in trend for other related pairs.
(All trading involves risk. Please use MM when trading financial markets.)
SPY) keeps testing new highs, now hovering around the $306 range with key breaks in a wedge formed on the W chart. It starts the week bearish hinting towards an attempt to break back into the wedge, but only time will tell. This could be sign of a breakout for the SPY, indicating changes in trend for other related pairs.(All trading involves risk. Please use MM when trading financial markets.)
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