themarketzone
Long

Back to entry point - Can it bounce again?

AMEX:SPY   SPDR S&P 500
$SPY is back to the entry point.
Since last setup, $SPY rallied to 195$ and couldn't continue higher.
Now 1887-188$ is back support.
Can it hold?
Sentiment isn't promising but this support zone held several time in the last 2-3 weeks.

Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters

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