$SPDR S&P 500 ETF Trust(SPY)$ $Eversource(ES)$ Below average retail trade size shows as yellow candles, while above average professional trade size shows as white candles. Bearish divergence is marked with a red dot, exhaustion with a yellow dot, and flush with a purple dot. The 50 EMA is the green line.
How important can one level be?
Below the $7694.75 6/1 prior all-time high, the tape's structure starts to shift from bullish to bearish. Above it, there's a 50 EMA and an all-time high breakout threat.
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.
Comments