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Liathetrader
Aug 28, 2022 10:39 PM

$SPY - scenarios of interest Short

SPDR S&P 500 ETF TRUSTArca

Description

Potential scenarios on SPY for the upcoming weeks. 0.5 and 0.618 fib retracement and potential reversal. Will be cautious and if buying for swings I'll have stop losses right below in case this theory doesn't prove to be right. We had a strong volume on Friday's selloff, which suggests we can go lower.
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