Search
  • Vasily Trader

S&P500 Index (SPY) Consolidation Trade (forecast)



spy is trading within a wide horizontal trading range on 4H.


the price has recently reached its horizontal support and formed a double bottom formation.

breakout of its minor resistance confirms a local strong bullish sentiment.

for that reason, the index may keep growing.


goals:

3390

3415

0 views
  • TradingView
  • Telegram
  • Instagram
  • YouTube
  • FaceBook
  • Twitter

©2020 by VasilyTrader