- SPY shows weak development in a falling trend channel in the medium long term. - SPY has marginally broken down through support at 390. - An established break predicts a further decline. - SPY is assessed as technically negative for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price