Monday’s Intraday SPY Outlook
We're poised with a set of signals for Buying and Selling for today.
We thought we'd home in at the intraday level for one of the most popular trading EFTs for today's educational exercise.
Observe the red and green lines on the SPY price chart above. The red line when crossed will indicate a likely downtrend for the day, while, if prices are able to rise above the green line, we can expect an up trending price move for Monday for this market.
Let's watch this develop. Most likely one of these points will be passed early on in the trading session.
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