AMEX:SPYD   SPDR Series Trust SPDR Portfolio S&P 500 High Dividend ETF
It seems likely we fill the gap above Before the one below. Once we get Both of these gaps filled, we will then have a BIG decision ahead of us.

Most likely more Drama to come sooner than later but i could be wrong. Either way even if we claim 3800 back on the big boy and turn it into Temporary support again. I still see a bigger drop coming at some point to 3200-3400 ranges. I think that's the Real support and first line of true defense in the cascade DOWN.

To me this is just a relief rally underway and even if it turns into a BIG one it's still more DOWN to come.

SADLY, i see world economics /macro etc. getting MUCH worse over the next 6 to 18 months MINIMUM.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.