SPDR S&P 500 (SPY): Well when I say resistance I really refe...

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Re: TrendTrade2016 post# 354696

Thursday, 01/12/2023 6:42:01 PM

Thursday, January 12, 2023 6:42:01 PM

Well when I say resistance I really refer to short term price movement. Like we just moved up significantly from the 16,500 trap we were in for what felt like an eternity. Overbought conditions now set in. I understand crypto acts a little differently than equities but I can’t see this going much higher just yet. Not u til we retest a few zones. Which I’m the crypto world can be just a few days. I’m a trader so no long term holds

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