SPY set to test support for correction

1 ก.ย. 2020

SPY had an hourly MA crossover (13 EMA/30 SMA) close to end of trading session Monday.

It is now challenging support at $349 and the 50 SMA which have converged.

If SPY breaches $349, the first target is support at $343 and the next one is the previous ATH at $338.

1 ก.ย. 2020

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

Looks like SPY is retesting the previous high again. Putting this idea on hold until it crosses back lower against MAs.