Not a great close yesterday as 
SPY is not able to close above 280. Financials, an important sector, is under stress and trading poorly while tech "stay-at-home" economy stocks have the back of institutions, hedge funds, and momentum players.
Bulls tried to reverse Tuesday's losses but did not make much headway and the volume was well below average.
SPY barely trades above the 20 EMA and has been trading in a range for the past 11 trading days.
The indicators on the chart show potential forSPY to roll over.
SPY is not able to close above 280. Financials, an important sector, is under stress and trading poorly while tech "stay-at-home" economy stocks have the back of institutions, hedge funds, and momentum players. Bulls tried to reverse Tuesday's losses but did not make much headway and the volume was well below average.
SPY barely trades above the 20 EMA and has been trading in a range for the past 11 trading days. The indicators on the chart show potential for
SPY to roll over.
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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.