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SPDR S&P 500 ETF TRUST
Long

INVERTED SPY - ALL EYES ON SUPPORT ZONE

196
SPY has bounced nicely off the 200 week MA. Watch for the highlighted area to reject price in the next few weeks. If we see a strong rejection in that range it will likely lead to another powerful bearish move.
DerrickGibson
Bearish PatternsChart PatternsTechnical IndicatorslegacySPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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.
Bearish PatternsChart PatternsTechnical IndicatorslegacySPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis
DerrickGibson

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.