TECHNICAL ANALYSIS: SPY is currently at a very critical level in the market at $423. Two scenarios can play out in my opinion. If we do reject off the middle deviation level on our bull regression trend indicator, I can see the SPY increasing to its previous resistance level of $425. However, if we do end up breaking below this level of $421 the next levels of support are not until $416 and then $412. Leave comments below on what investment strategy you are playing!
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