TheAnxiousTrader

SPY LOOKING VERY WEAK

Short
TheAnxiousTrader Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
The SPY is in a tough position , there is no question we are in correction territory almost want to say a bear market , and sadly it looks like we may be in this a bit longer , SO hang on!!! As you can see the chart is clear and the trend is down . I suspect we retest the recent low of 410 with a flush hopefully , as that has been lagging in all recent sell offs. So i would be looking for those key areas , If you have any questions Please feel free to ask

Comment:
as i expected ,i think and prevalent on Geopolitics, we should fins good support at 410 , only thing in our way right now is GEOpolitics
Trade closed manually
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.