$SPY has important test coming Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Dec 6, 2018 4:22 PM

The dashed purple line is the prior trend line that has acted as support if we break that trend line and a close below 262.1 I believe a bear market is officially in action.

Trend Analysis Chart Patterns

Comments

MrMarketMaker

⋅ Dec 7, 2018 5:39 AM

how can anybody read this...