$SPDR S&P 500 ETF Trust(SPY)$  The 30-minute chart has turned bullish, with candles holding above the 5, 10, and 20 EMAs and the middle Bollinger band. EMA 20 at 764.36 is the level to watch. That has to act as resistance for puts to make sense. The chart flipped from bearish to bullish today.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet