Get started
Jonalius

SPY will pull back to $460 - $453 before resuming the BULL TREND

Long
SPDR S&P 500 ETF TRUST (BATS:SPY)  
Jonalius  
BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
There is nothing to fear with this pullback. We still have a 3-day golden cross in play, which last happened 14 years ago. So still long-term bullish.

But first, look for a pullback to 460-453 (our July 2023 high + August 30 retest) before the bull trend resumes.

SPY $500 is still coming.
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.