insyyte

Weekly pointing higher

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY closed up 0.29% in lacklustre trade on Friday.

A damp squib of a trading day Fri since on monthly options expiration there vigorous two way trades.

The weekly and daily chart both continue to point higher prices.

256 companies are reporting this week, amongst them tech bellwethers MSFT and TSLA.

Positive forward guidance of these companies can impart impetus to the up move.

ES futes are marginally down -5.38 handles as of now but NQ futes are up 33 handles suggesting a mixed opening today.




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.