Temporary Bounce in the SPY off the Moving Averages Incoming
Updated
The SPY looks like it might be setting up for a temporary bounce off potential support and the 55 week SMA and EMA.
We may see a rally up to 450 before continuing down later on this year off what could be potentially a Massive Head and Shoulders Pattern that would take us down to new lows.
We may see a rally up to 450 before continuing down later on this year off what could be potentially a Massive Head and Shoulders Pattern that would take us down to new lows.
Trade closed: target reached
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