SPY Day chart with strong Support and Resistance levels

7 ก.ย. 2020

The white liens represent strong support and resistance levels from the past decade (after testing support back on the jump in June, it became a resistance until we broke through it -- watch this level).A retracement back to mid 330s is possible, but if not, I'm leaning bullish with a PT of 356-358 in the coming weeks. A break of the following support levels, however, could deem very bearish results.

9 ก.ย. 2020

บันทึก

AAPL bounced well off of the first support level, looking forward to more green over the next couple days -- however, the market overall does not look too strong right now and with the election coming right up on the corner, I wouldn't be surprised by last weeks sell-off be the beginning of a new downtrend. Good Luck!