SPY formed 2 diamond patterns as seen in this hourly chart. It formed slight RSI positive divergence near the Oct low. However, this divergence may still get lower to reach 3500, an impt Fibonacci level, more so if the CPI report come out higher tomorrow.
Weekly wma 200 still the line in the sand.
The next major catalysts this week are Thursday”s CPI data & bank earnings. Start of earnings season will
usher in more volatility next week due to the fear of earnings recession.
Not trading advice
Weekly wma 200 still the line in the sand.
The next major catalysts this week are Thursday”s CPI data & bank earnings. Start of earnings season will
usher in more volatility next week due to the fear of earnings recession.
Not trading advice
註釋
Market dumped & pumped today which is not unusual for Diamond patterns.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。