Auf geht's
Deftsuo

Don't be fooled by a dead-cat bounce off of the 200 weekly MA.

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Deftsuo  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) deadcatbounce Bearish Patterns bearmarket bearishdivergence Stocks
5
8
trendanalysis chartpattern indicator spy deadcatbounce bearish bearmarket bearishdivergence stocks
As I high-lighted in my previous post about the SPY, I anticipated a move down to the 200 weekly moving average after breaking the 100 weekly moving average and a key support zone, and that is exactly what happened. If there was a logical place for a dead-cat bounce, the 200 weekly moving average would be it. If price can steadily climb up back above several key moving averages and hold them as support again, I will change my stance. As of right now, I remain bearish.

-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk.

Previous SPY analysis:
SPY breaks the 100 weekly MA and a key support level.
FTX US: ftx.us/

Sign up for Binance US here: www.binance.us/?ref=35000668
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.