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xtremerider8

RPV pure value etf interestingly holds pre-pandemic upchannel

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Invesco S&P 500 Pure Value ETF (AMEX:RPV)  
xtremerider8  
AMEX:RPV   Invesco S&P 500 Pure Value ETF
Technical Indicators Beyond Technical Analysis sp500index S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) spylong
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indicator beyondta sp500index spx500 spy spylong
The S&P500 pure value ETF holds 3 supports:
1) the lower channel of pre-pandemic upchannel MINUS the black swan event
2) the 0.286 Fib reversal from pandemic low to ATH
3) my GANN line
FOMC meeting will be the game-changing event. The market may have already priced in a 75 basis point hike & a rally may pursue till the next Nov FED announcement of whether to hike another 75 or 50 points.
Not trading advice
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