KhanPhelan

SPY-Update for KW03 - 21.01

AMEX:SPY   SPDR S&P 500 ETF TRUST
If Bulls fail to recapture the lost-Support, we might see a Gap-Fill below 443 (Monthly EMA 20). If that fails, we have another long time gap below around 438.5/439 - at the same time EMA 200 daily.
Bulls kinda need to show strength, else we will continue this free-fall. This is the chance for the bears to fill all gaps after the massive 2021 Bull-Run down to 402-4

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