SPY Head and Shoulders
Left chart is regular hours, right chart is extended hours.
-Broke daily support yesterday and retested but didn't break back above the daily resistance trendline.
-High volume sell-off at closing today, almost back to the VWAP level.
-Stochastic RSI and RSI are overbought on the 15 minutes
Bottom line : Lots of bearish indicators. If the head and shoulders neckline doesn't hold, we're retesting 247.
-Broke daily support yesterday and retested but didn't break back above the daily resistance trendline.
-High volume sell-off at closing today, almost back to the VWAP level.
-Stochastic RSI and RSI are overbought on the 15 minutes
Bottom line : Lots of bearish indicators. If the head and shoulders neckline doesn't hold, we're retesting 247.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.