Monthly outlook is screaming bloody days a head.. Price has to close above 462 to invalidate this possibility. .. Time to rotate stocks..
SPY tested a strong support level at 454.00 leaving 458 as the next resistance to break and then 462.00
We have to wait and see if it holds this level (455-454), if it breaks through 450 psychological support level will be the next. If this level breaks, we can see a good drop to the trendline at 443.
Broke 443 and is headed to 436
SPY tested a strong support level at 454.00 leaving 458 as the next resistance to break and then 462.00
We have to wait and see if it holds this level (455-454), if it breaks through 450 psychological support level will be the next. If this level breaks, we can see a good drop to the trendline at 443.
Broke 443 and is headed to 436