$SPY Can we go higher?

٥ أكتوبر ٢٠٢٢

Hi Traders -

It's been a while since my last post and I figured I share this one with you guys. In the chart, I lay out the two most likely scenarios on each side of the trade. Personally, I believe there will be upward pressure here, because of the sheer amount of upside.
However, we will have to see the overnight price action and pre-market before making an accurate judgement on which way we will move.

Sincerely,
Mike (UPRIGHT Trading)


**PLEASE NOTE: the indicators at the bottom are for analysis**