WDERUVE

SPY Proving Ground

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Spy holding around the 265 support line .5 Fib from recent high also interacting with Gann Lines. Nxt move is either back to 275 for another test of recent highs, or the slide down to 254/245 support line. 238 would mark the revisiting of overall down trend line. Testing new lows by End of month IMO.

Couple of options here i can see happening.

News for virus will likely cause some spikes throughout this overall trend down. Don't get fooled at this point.

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