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SPY: Broke the support but looks like a fake break
SPDR S&P 500 ETF TRUST
Long
SPY: Broke the support but looks like a fake break
By Opportunistock
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May 13, 2020
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May 13, 2020
SPY broke its support but looks like a fake one as other major indexes like DJIA, IWM, QQQ are all sitting on the resistance level
This is oversold and American market ignores the reality. (At least with Trump)
Poised to bounce back up to the make the triple top and we are to the moon boys and gals.
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