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Skyy999

$SPY - Daily > Potential Head and Shoulders Forming?

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Skyy999  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis
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trendanalysis
8/22/23: Weekly MACD shows that SPY may be dropping more in the weeks to come. In the daily chart, potential head and shoulders may be forming which could bring SPY as low as 404. Our SPY consolidation band is in yellow, which shows that there is strong support from 404 to 417 range.
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