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MarketMaker128

SPY: Gann Analysis on Daily Chart

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MarketMaker128 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Gann Technical Indicators SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) SPX (S&P 500 Index) es_f
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trendanalysis gann indicator spy spx500 spx es_f
SPY

Overlay of 4 different gann fan at recent peaks and lows since Q1 2019. The yellow triangle seems to be the area that it needs to break through in order to keep the bullish trend going.

Fall below the bottom of the triangle (~290) would indicate a reversal of recent bullish trend in the short term with a target of 50 MA around 287.
Comment:
Thanks to @WaveAzzReaderz for helping me out with this analysis!
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