About SPDR S&P 500 ETF Trust
SPY Fund Summary
The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the Index), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the Index), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
Spy Heavy heavy reistNce at 455. Area. 1 hour 200 ema. Currently we are testing it. We also could be in a rising channel leading us back up to previous support as new resiatnce but that is just what I have drawn it can get back above if it can reclaim 455+
On a daily timeframe we have a 50 ema at 457
Spy Last post o talked about 451 a crazy resiatnce. We finally cleared it. My YouTube video I made explained our next target which my idea was 457 based off previous support as new resistance. So far that worked out perfect now the next support that I see is $438.60. That is the previous resistance and
SpyI am in no way tryin to predict a top. Calling a top is so challenging. A few thing I can say, Btc usually breaks down, 5-8’days before the markets. When Btc breakouts or reverses, it’s been before the markets. One great thing is that Btc has broken into a new all time
High. Now of course most sa
SpyBull flag?!?! If this is a bull flag target can take us to 468$. Old all time
High is getting creeped up on. Trade with caution. We need to break it and hold as new support. If we do, we should at least test the prevopus uptrend old support. Depending on where we hit it, could land around 457-468$.
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