Trader_Mayhem

Bottom of a Bullish Channel

Trader_Mayhem 업데이트됨   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hey team,
This is the trend channel on the 1 hour chart for SPY. Since we started the bullish run around July 14th, it looks like we're on track to bounce back to the upside, at least for the short term.

The channel support is at $426. We could bounce and see $432 shortly.

Not financial advice... good luck to all :)
코멘트:
The market opened lower across the majority of stocks, which broke the bullish trendline. We have been stopped out!
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