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SPY might see more down side but hopefully reaches the bottom
SPDR S&P 500 ETF TRUST
SPY might see more down side but hopefully reaches the bottom
By soldenal
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Jun 20, 2022
3
Jun 20, 2022
The FED remain to be hardnosed on raising rate, recession seems inevitable, and the inflation is still not under control.
I am seeing more down side for the SPY next week. Hopefully we see the bottom near $345 and have a nice rebound back from there.
If we see the bounce back from $345, there is a chance that will be the bottom going forward.
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soldenal
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