With the markets grinding up and making all time highs after all time highs, we need to be vary of violent corrections. Here are the levels I’m watching for SPY as the correction happens.. 386.67, 376.08. Both are the 20SMA AND 50 SMA on daily.
Note
Thanks to TraderLion for the volume indicator !
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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.