$SPY Chart Trend Lines: Daily Break Out Versus Weekly Resistance

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$SPY Chart Trend Lines: Daily Break Out Versus Weekly Resistance

This is a Guest Post by Jake @TrendSpider. 

In this weekend’s analysis, we take a look at the broad market ETF daily Raindrop Charts (TM) and weekly hollow candles into the third week of July as the market looks to be melting up. To learn more about Raindrop charts and the platform in general, make sure to check out all of our User Guides.

Weekend Video Analysis: Sunday Webinar with Bob Desmond

Make sure to check out our live look at the charts presented below on Sunday night at 6 PM EST as well as showing the best ways to utilize the TrendSpider platform into next week!

$SPY Chart Trend Lines: Daily Break Out Versus Weekly Resistance

Register Here: https://app.livestorm.co/trendspider/webinar-with-trendspider-partner-bob-desmond

SPY: Daily vs. Weekly Chart

$SPY Chart Trend Lines: Daily Break Out Versus Weekly Resistance

QQQ: Daily vs. Weekly Chart

$SPY Chart Trend Lines: Daily Break Out Versus Weekly Resistance

Related Blog Posts

  1. Alerts – Add alerts to your trendlines and indicators with sensitivity.
  2. Conditional Criteria Alerts – Create complex conditions to be met between a mix of lower indicators and price action.
  3. Multi-time frame analysis (MTFA) – Overlay your chart a secondary timeframe with on trendlines, indicators, and Fibonacci levels.
  4. Trendline Preferences – Customize your trendlines to automate a consistent trendline drawing strategy.
  5. Add Watchlist – Create your own watchlist and quickly move through charts with automatic analysis on each!
  6. Automatic Candlestick Recognition – Automatically input your favorite candlestick patterns into the system and have TrendSpider find all the ones on your current chart!

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REMEMBER: These are charts that have interesting technical setups based on automated technical indicator analysis included. Charts and analysis provided for educational reasons only. TRENDSPIDER IS A CHART ANALYSIS PLATFORM. IT IS NOT INTENDED TO BE TRADING OR INVESTING ADVICE. ALWAYS DO YOUR OWN DUE DILIGENCE USING MULTIPLE SOURCES OF INFORMATION AND/OR SEEK THE ADVICE OF A LICENSED PROFESSIONAL BEFORE TRADING OR INVESTING. Please read our full risk disclaimer on our website by clicking here.

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