SPY: Gann Analysis on Daily Chart

٢٣ يونيو ٢٠١٩

SPY

Overlay of 4 different gann fan at recent peaks and lows since Q1 2019. The yellow triangle seems to be the area that it needs to break through in order to keep the bullish trend going.

Fall below the bottom of the triangle (~290) would indicate a reversal of recent bullish trend in the short term with a target of 50 MA around 287.

٢٣ يونيو ٢٠١٩

ملاحظة

Thanks to @WaveAzzReaderz for helping me out with this analysis!