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SPDR S&P 500 ETF TRUST

$SPY hanging on to that March 2020 bottom support line

By Addicted2vtec
Updated
Just some observations about the SPY trend lines since Covid19 caused the economy to shut down in March 2020. Support turned to resistance once already. Currently hanging on to the 2020 bottom support line. Will that break and become resistance? We shall see.

Good luck to all! Not investment advice. I am not an expert.
Comment
SPY closed just below that bottom support line. CMF from -0.08 to -0.15 is significant in my opinion.
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis
Addicted2vtec

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