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UnknownUnicorn2777229
Mar 11, 2020 4:38 PM

SPY to support Short

SPDR S&P 500 ETF TRUSTArca

Description

It looks like the 200 SMA is going to be and always is a sweetspot for a bounce after these big pullbacks. That would make the support on SPY being $265. I wouldn't get fooled by these fake pumps towards the end of the day as it looks like they are just trying to take premium off these weeklys. Go long or enter right at the end of the day would be my suggestion.
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