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MuhWhipski

Spy Supply/Demand Zones with Support/Resistance.

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MuhWhipski  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) spylong spyshort range BOX supply_and_demand supportandresistancezones Contains image
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trendanalysis chartpattern indicator spy spylong spyshort range box supply_and_demand supportandresistancezones containsimage
SPY
Here shown are the current S/D and S/R levels on Spy. There is also an imbalance area in the middle of the chart that can be used as a support/resistance zone however, this seems to be more of a resistance level given the candles and wicks and how they set up right below this level. The candles are seemingly setting up for an aggressive leg up as that is the only way they can break this resistance and make it become a support again. Hope this chart helps you traders and remember me when you get your first AP. Remember the AP doesn't lie...
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