ProSignalsFx

S&P500 AT RESISTANCE!

AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY is trading in a wedge and has reached the resistance of it!
Naturally, the market is reacting to the results of the elections,
Yet the coming uncertainty of the contested election is supposed to be pushing the mkt lower not higher.

Alas, in the age of voodoo economics, all we've got is the technical analysis.
If the resistance is broken, we will likely see the new higher high established.
But I just don't see how.

If the market decides to stay within the wedge we will the retest of the support.
Thanks for reading!

Like and subscribe to never miss a new idea!
See you all then!

✅ FREE Telegram channel: t.me/prosignalsfxx
✅ My Website: www.prosignalsfx.eu/
✅For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: www.prosignalsfx.eu/trustedbroker
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.