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Liathetrader
Aug 22, 2022 11:16 AM

$SPY - $413 seems inevitable  Short

AMEX:SPY1D
SPDR S&P 500 ETF TRUSTArca

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SPY premarket does look ugly. Here're some potential scenarios.
A - supply/ demand zone around 413 and the 20EMA. Volume shelf on 413 also.
If we break down the next will be scenario B, previous pivot around 406-408 and the 100SMA.
Technical IndicatorsTrend AnalysisSPDR S&P 500 ETF (SPY) indexselloffretestshorting
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