Last candle for spy was a bearish engulfing which may indicate a bearish trend.
The key indicators to note are:
a) Managed to close above the 200/50/20/10 moving averages.
b) Low ADX but high DMI+ (Low ADX ( strength of the trend) which is over 14 but below 25 the DMI+ is over 30 and DMI- is over 22 )
c) Key support levels are $271.02/$271.79/$272.27
D) Pivot is currently at $273.03
E) Key resistance levels are $273.8/$274.28/$275.04/$275.84
Currently sits under the Pivot as well as the last candle being bearish engulfing I believe today it will fall to the support levels.
Please do your DD before purchasing any stock this is my opinion and not that of a professional.
The key indicators to note are:
a) Managed to close above the 200/50/20/10 moving averages.
b) Low ADX but high DMI+ (Low ADX ( strength of the trend) which is over 14 but below 25 the DMI+ is over 30 and DMI- is over 22 )
c) Key support levels are $271.02/$271.79/$272.27
D) Pivot is currently at $273.03
E) Key resistance levels are $273.8/$274.28/$275.04/$275.84
Currently sits under the Pivot as well as the last candle being bearish engulfing I believe today it will fall to the support levels.
Please do your DD before purchasing any stock this is my opinion and not that of a professional.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.