$SPY - That was an interesting intra-day bounce
$SPDR S&P 500 ETF Trust(SPY)$ - That was an interesting intra-day bounce
The candle is a bullish engulfing one, price action looks positive, the only potential element to be cautious about is the Bollinger breached in the 2H timeframe. (It's good to be vigilant after the fake breakout on August 30th)
5DMA continued holding price by the close.
$NASDAQ 100(NDX)$ $iShares Russell 2000 ETF(IWM)$ $S&P 500(.SPX)$
Image
That candle today look exactly like 8/30 candle 👀
The 5DMA has not been breached by the close, so nothing has happened here, but being cautious is a good idea.
https://twitter.com/SmartReversals/status/1840853938507301099
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.
- AuntieAaA·10-02GOODLikeReport