$spy setting up a Bear Flag for April ‘23
Looking at the recent price action on 
SPY shows us a clear bear flag in formation. There was no break out of the channel yet and the momentum has shift upwards so we will likely see a short term upward price movement first for the week of Mar 27 before we see downward momentum, subject to a catalyst (likely Core PCI numbers and the end of March).
Cheers!
SPY shows us a clear bear flag in formation. There was no break out of the channel yet and the momentum has shift upwards so we will likely see a short term upward price movement first for the week of Mar 27 before we see downward momentum, subject to a catalyst (likely Core PCI numbers and the end of March). Cheers!
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.