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ContraryTrader
Nov 23, 2021 3:52 AM

Spy 11/23 Short

SPDR S&P 500 ETF TRUSTArca

Description

Tech will be the catalyst pulling things down here. Financials performed well today but they won't be able to keep things afloat If Fang and the chip sector pulls back.
We broke are trendline (Whiteline) today that we've ridden since late October.
Now I think we back to support at around 461-462.. Look for a bounce there and if we fall through then we could def be headed to close some gaps below.
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