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BrianPenrod
Feb 25, 2020 8:52 PM

SPY levels Short

SPDR S&P 500 ETF TRUSTArca

Description

Here are some levels I've been looking at today for possible reversal zones.

So far and as of this analysis we're bouncing around the 50% retracement taken from the Aug-Sept 2019 support region but I doubt that bounce will last past tomorrow.

Support level 1 for me is the $300-305 level

and then support 2 is the 100% retracement and back to the Aug-oct 2019 support levels of $282-285

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