Hi All SPY is at an interesting intersection:
1) a month from where it crashed and reversed entirely
2) At point of control (POC) from the top in Feb
3) at 200 ema
In Aug 22 SPY reversed from POC, at other times it found support or broke out with a gap
My opinion is, it will continue going up till 13th May (date when CPI is published). Nobody knows for sure how much tariff will impact CPI. It cannot as bad as we had during covid.
1) a month from where it crashed and reversed entirely
2) At point of control (POC) from the top in Feb
3) at 200 ema
In Aug 22 SPY reversed from POC, at other times it found support or broke out with a gap
My opinion is, it will continue going up till 13th May (date when CPI is published). Nobody knows for sure how much tariff will impact CPI. It cannot as bad as we had during covid.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.