S&P500 Index (SPY) Will We Drop Lower? 📈
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S&P500 index is trading in a bearish trend.
The price keeps setting lower lows and lower highs.
Setting a lower high this week, the price is retesting a current low now.
Watching how the price was acting from the beginning of April,
it looks like we may drop again.
If the price sets a new lower low lower close on a daily,
I will expect a bearish continuation to 3750 structure.
Be prepared!
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