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MoonBets
Jul 26, 2021 5:30 AM

#SPY looking bearish  Short

SPDR S&P 500 ETF TRUSTArca

Description

SPY goes down every time it hits the resistance trend line and bounces off the support trend line.
~$440 - $441 is the limit.

Especially since Delta covid hit hitting harder than the original covid, and Europe locking down again. A correction drop is eminent
Comments
RMinvestco
I agree with your view if the fed wasn’t involved in the market . The drop would’ve happened months ago
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