SPY premarket 2022.06.09 sideways bound gap lower opening

50DMA down
5DMA flat to down
Gap down opening forming at potential support around 409.90 area
If 409.90 support isn't held next potential support is off of VWAP from Fed decision and the year low price VWAP.
Chart PatternsmultitimeframeanalysisSPDR S&P 500 ETF (SPY) Trend AnalysisVolume Weighted Average Price (VWAP)

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