SPY is testing support trend line and trading below
We can see that SPY is starting to trade in bearish territory by repeatedly testing its line of support and even trading below on multiple occasions lately. Keep a close on this growing pattern as this latest rally is loosing steam.
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.