SPY Rising Wedge Update, May 1st
The wedge completed, and seemed to resolve to the downside but only for a day.
SPY is now moving up within an uptrending channel. Volume has been decreasing and MACD is in a no-man’s land.
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"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." JP Getty
The wedge completed, and seemed to resolve to the downside but only for a day.
SPY is now moving up within an uptrending channel. Volume has been decreasing and MACD is in a no-man’s land.