Caution Warranted: SPY RSI Elevated at $754.60
The stock of SPY (SPY) climbed 0.56% to close at $754.60 on May 29.
The technical setup looks mixed:
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
The stock of SPY (SPY) climbed 0.56% to close at $754.60 on May 29.
The technical setup looks mixed:
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Receive disciplined options trade ideas with entries, targets & risk management.