SPDR S&P 500 ETF TRUST
Short

SPY (SP-500) - Rising Wedge

243
Yesterday we had a breakdown of the rising wedge on SPY. I draw out some important levels to look out for coming days/weeks. The trendline since april has also been broken. DXY is breaking out to which is increasing the risks for a "Risk off" scenario in tech stocks and crypto.

Nothing here should be interpreted as financial advise. Always do your own research and decisions.

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.