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Liathetrader
Aug 26, 2022 9:20 PM

$SPY - selloff headed to Scenario C Short

AMEX:SPY1D
SPDR S&P 500 ETF TRUSTArca

Description

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SPY didn't care about supports and dropped over 3% in one day. Scenario C seems more likely. 50SMA and also 0.5 fib retracement and volume shelf in that range.
Support and ResistanceSupply and DemandFibonacciSPDR S&P 500 ETF (SPY) SPX (S&P 500 Index)selloffvolumeshelf
Comments
Sanok
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We're going to touch the volume bars before it's all over!
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