DannyNoburu

SPY Technical Analysis Week of 7.13.20

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Sentiment: Short term Bearish

Reasons

1, Strong Weekly Resistance at 317.59
2.Bearish Island Gap on Daily Chart
3. Doji Candlestick Pattern on Daily Chart
4. Bullish Channel Breakdown
5. Selling Volume Increase


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.