Get started
ratchet-mint

SPY gaps down further after a market maker sell off

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
ratchet-mint  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Lines Supply and Demand
0
0
trendline supplyanddemand


  • Market makers took profit on Friday causing sell off.
  • SPY gapped down as a reaction
  • Testing downward trend
  • Reversal shooting star candlestick forms
  • Stock breaks through trendline signaling selling is losing momentum.

Bullish sentiment of the market is looking to kick back in again.
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.