Support Levels for SPY
Support Levels for SPY
Looking at the premise of two of the biggest tail-risk crisis as comparison, it seems a fall of 50%-60% over a 500 day period is a fair comparison.
2020: Coupled with almost two combination of Fear of Coronovirus with the added pain of Oil Prices Plunging and Selling of Longer-dated Treasuries, the selling will be further exacerbated and we are only a fraction of reaching key support levels. The fall is partially cushioned in the short interim due to circuit breakers to attempt to reduce the speed of the fall.
Looking at the premise of two of the biggest tail-risk crisis as comparison, it seems a fall of 50%-60% over a 500 day period is a fair comparison.
2020: Coupled with almost two combination of Fear of Coronovirus with the added pain of Oil Prices Plunging and Selling of Longer-dated Treasuries, the selling will be further exacerbated and we are only a fraction of reaching key support levels. The fall is partially cushioned in the short interim due to circuit breakers to attempt to reduce the speed of the fall.
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