benedekdomotor

This one is for WSBers

AMEX:SPY   SPDR S&P 500 ETF TRUST
My fellow degenerates!
I know you hate TA because it is bullshit, but take a look at this before you YOLO your entire savings into SPY puts/calls.
For now, the cart looks more bearish than bullish at first sight, but if you take a deeper look. You will notice that: SPY is oversold and is currently in a support zone.
I think we have to wait for a bigger move in the coming week to get to know the direction of the market.
I hope you will print same tendies soon:)
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