SPY closed today with a really nice weekly candles. However, the daily chart has a lot of unfilled gaps that may need to be filled and
the move looks euphoric. There was a good amount of buying energy expended getting price back to the highs. The SPY may need some
time to build some more energy to push higher. I'm not suggesting a major sell off is imminent, but patience and caution going into
next week is warranted.
the move looks euphoric. There was a good amount of buying energy expended getting price back to the highs. The SPY may need some
time to build some more energy to push higher. I'm not suggesting a major sell off is imminent, but patience and caution going into
next week is warranted.
