UPRIGHTTrading

$SPY lots of recent red, market pulling back?

AMEX:SPY   SPDR S&P 500 ETF TRUST
I tend to run bullish, even when the bears are closing in; but right now, I'm seeing a lot of red. Not much positivity in the news headlines for overall markets either. The most bullish one would be the delay of a taper due to resurgence of virus, but even that isn't much of a "positive" headline. It looks like we will retest the 450.75 support. Also, overall, I think we see some more profit taking this month, and soon. Good luck traders.

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