SPY is currently sitting at a critical support trend line.
This means that it has a decent chance of bouncing back up from here.
If SPY drops below the resistance trend line then the downside momentum continues.
Also, SPY has already reached my price targets, so congrats to everyone who jumped in.
This means that it has a decent chance of bouncing back up from here.
If SPY drops below the resistance trend line then the downside momentum continues.
Also, SPY has already reached my price targets, so congrats to everyone who jumped in.
