SPY On The Rise! BUY!

4 авг.

My dear subscribers,
My technical analysis for SPY is below:
The price is coiling around a solid key level - 532.98
Bias - Bullish

Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 543.88
My Stop Loss - 526.43

About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK