1W on
SPY is currently backtesting the linear regression channel support which now acts as resistance. Price still has not yet tested the 1W 200 ema which is highly likely to be tested if price fails to reclaim the linear regression channel support. Keeping a close eye
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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.