SPDR S&P 500 ETF TRUST

Channel Thinning Out

Week of the 20th October 2024. I am partially Bullish for SPY. I expect a push upward around 588 to the tip of the channel and then a flush towards mid 575, then we begin a new momentum towards 600 before a final EOY flush to lower high. High of the week is 588 and Maximum low of 562.


Trade cautiously. This is not financial advice!!
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It will be a Tesla Week! Thursday initial jobless claim numbers on watch

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