SPY first target

Aktualisiert
Never really trade SPY but every now and then set targets, to evaluate other things.

Target #1 390 or 390.5-ish, I think it'll just be a bounce, and up towards channel walls,
but first it needs to break this short term Blue trendline.

If trendline and the first target break, then Support of 385 to 380 follows

Best case scenario, 375-ish

This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.

Happy Trades!

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Anmerkung
Bounce off of Target #1 turned into a strong move up.

Snapshot
Parallel ChannelSPDR S&P 500 ETF (SPY) Support and Resistance

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