DIA, SPY& DOG Confronted with Downward Pressure!

Jake_Wujastyk
12-20 12:29

Hello everyone! Today i want to share some technical analysis with you!

1.

$SPDR S&P 500 ETF Trust(SPY)$ Generally, if there was a green close after an impulse move down candle like yesterday, that was the bottom in the last three instances. Not saying this is the bottom, I am observing what has happened the last three times we saw something like this.

2.

$Orsted A/S(DOGEF)$ Lost it's footing at the volume shelf.

Potential flush to the 9/6 pivot VWAP zone below down to 27 cents.

3.

$SPDR Dow Jones Industrial Average ETF Trust(DIA)$ Add the lower indicators and we are in for a potentially very hard bounce.

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