SPDR S&P 500 ETF TRUSTUpdated SPY drops below the 200 MA line
SPY is at risk of heading further south if it fails to get back above the 200 MA line in blue. The recent market volatility has pushed prices below two major levels, 461 and 455, and could continue down to 446 if it fails at 451
Note
SPY is back around the 470.25 resistance line which had a major impact in the previous attempts to break out to the upside
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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.