TheAnxiousTrader

SPY LOOKING VERY WEAK

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TheAnxiousTrader Uppdaterad   
AMEX:SPY   SPDR S&P 500 ETF TRUST
The SPY is in a tough position , there is no question we are in correction territory almost want to say a bear market , and sadly it looks like we may be in this a bit longer , SO hang on!!! As you can see the chart is clear and the trend is down . I suspect we retest the recent low of 410 with a flush hopefully , as that has been lagging in all recent sell offs. So i would be looking for those key areas , If you have any questions Please feel free to ask

Kommentera:
as i expected ,i think and prevalent on Geopolitics, we should fins good support at 410 , only thing in our way right now is GEOpolitics
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