cbenedetto10

Predictions for next week and beyond

Short
cbenedetto10 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
The analysis is in the chart but I believe we either bounce at open to fill the gap, or we open gapped down to the 472-473 levels.
Comment:
The chart is tagged as short, I'm short term long, but in the longer term I'm bearish until late June-July.
Comment:
another possibility instead of gaping down to 372, we gap down to 380 and we continue to bounce in the same pattern just using 380 as support instead.
Comment:
Last comment for now, the bounces and movements may not happen EXACTLY as charted but I do believe this is the general pattern/shape that we will form.
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.