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SPDR S&P 500 ETF Trust
Short

SP500 in CHF terms, bearish outlook

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- checking the SP500 in USD seems misleading these days
- therefore I checked it with CHF and earlier movements made more sense
- RSI bearish divergences were followed in earlier periods
- now we have a potential head and shoulders formation
- seems more likely to head south
saydin
Chart PatternschfTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyanalysisTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternschfTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyanalysisTrend Analysis
saydin

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.