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ContraryTrader
Nov 30, 2021 7:01 PM

Spy Long

SPDR S&P 500 ETF TRUSTArca

Description

Same story.. Spy calls here maybe the play.. Bounced of daily 50ema .. with the dowjones and IWM being oversold I could see a dead cat bounce playing out here.. before a further sell. All financial and travel stocks are oversold outside their BBands.

A drop and close below 456 negates this swing here
Comments
NeedtoPivot
Do you think it will pullback later in the day?
CJS04
Lol
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