pninh0911

SPY make another bull trap ?

BATS:SPY   SPDR S&P 500 ETF TRUST
#SPY closed above 430.5$ last friday.
IF #spy still hold above 430.5$, will back test 432.5$/433$/435$/438.8$
IF #spy drop below 430.5$, next support will be 424$/420$.
Watch out if SPY hit 438.8 before test 420$, can be a bull trap.
AS you know, Big tech earning season coming
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