VasilyTrader

SPX500 INDEX (SPY) KEY LEVELS

Short
FX:SPX500   Indice S&P 500

These last few days spy is relatively slow.
This is the calm before the storm.

Currently, the market is accumulating volumes and we are preparing for the next wave.

I don't know whether we will go lower, or finally, we will see a pullback.
No matter what is gonna happen, here are key levels to consider:

in case of a bearish breakout below current support, 2140 is the next strong support.
then goes 1850.

in case of a pullback, 2620 is the first resistance to consider.

adjust you trading plan accordingly.

good luck!

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