SPY - Thoughts on coming days - 376 important short term level
I think we'll see sideways trading today and tomorrow with a period of selling friday or early next week down to test current trendline
376 is looking like an important level here, if that fails I'll be looking for bounce on trendline. If that fails, I think we'll be testing a previous gap up which also looks to be hitting on the longterm (daily) trendline.
376 is looking like an important level here, if that fails I'll be looking for bounce on trendline. If that fails, I think we'll be testing a previous gap up which also looks to be hitting on the longterm (daily) trendline.