stewdamus

SPY (Stocks) Should See a Nice Bounce This Week

Long
BATS:SPY   SPDR S&P 500 ETF TRUST
Traders,

As mentioned in several of my previous posts and last video, SPY has now reached its downside target. This level at 410 provides strong support and correlates with our level of support on the RSI. I expect this week to be an up week for the S&P 500 and the stock market in general.

Best,
Stew

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