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ShadaabResearch

SPY short / support identification

Short
SPDR S&P 500 ETF TRUST (BATS:SPY)  
ShadaabResearch  
BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) spyshort
3
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trendanalysis chartpattern indicator spy spyshort
Possible trajectory of SPY for the month of January. Trends look similar to price action from July to Nov but on a smaller scale (about 1/3). MA action similar as well (9, 20, 50; dark blue, light blue, yellow). Based on that scaling I drew a projected path for the price action. Support around $458 near the end of January seems possible.
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