HyerQuality

Price Target Reached, Expecting Downside

AMEX:SPY   SPDR S&P 500 ETF TRUST
A few months back I posted this suggesting that $280 support would dictate a $288 price target. I believe the market is a little overheated (nothing to panic about) and letting out some steam would be healthy. I'm looking for another 2-3% downside to start buying the dip. Would prefer to re-test $280 and validate the support level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.