Possible Hypotheticals are shown in the chart. A bounce and reclaim of 200MA is a great indication of a positive outlook for SPY.
FIrst possible scenario is we bounce off the 390 level and head back down to support and trade within channel.
Second possible scenario is we hold the 200MA and reclaim the 390 level, bounce off the previous level of 395, then proceed to ATHs.
Obviously, this is very over-simplified. There are innumerable scenarios. Just posting this for personal reference as well as hear other people's thoughts on the market.
FIrst possible scenario is we bounce off the 390 level and head back down to support and trade within channel.
Second possible scenario is we hold the 200MA and reclaim the 390 level, bounce off the previous level of 395, then proceed to ATHs.
Obviously, this is very over-simplified. There are innumerable scenarios. Just posting this for personal reference as well as hear other people's thoughts on the market.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。