Spy breakout?
Currently spy is at the bottom of a box. Spy could see a bounce if there is support here otherwise, if this support zone fails then spy could see a lower trading price. I have circled areas where spy has sold off at before at this relatively similar price. What do you guys think?
Disclaimer
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.