deadacc101

SPY short term fall

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Too much uncertainty with the US economy, combined with negative pointing indications. Definitely going down short term. 2 possible rally points for Monday, either the 297 support line, or the next 296 support line. If both of these fall, then it will be a very very very hard climb back up. I wouldn't go long on SPY for a while, just to be safe.
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