$SPY TOP 20
Added 2024-05-01 18:55:15 +0000 UTCPowell is still talking right now and is neither dovish or hawkish, he's keeping the message balanced and the market is taking this opportunity to bounce after a difficult day yesterday.
We can see a head and shoulders pattern forming here on the 1hr chart, a retest of the trend line again at $508 we will be watching for.
The 50 Day MA is still at $511
Comments
nio
Jiri Sommer
2024-05-16 07:13:11 +0000 UTCOn the way up 20D was acting as support, isn't it a better resistance level on the way down? Seems working, thanks, love your charts
Saphile
2024-05-01 22:11:13 +0000 UTC
