SPY thoughts (haven't done this in a while)
Very simple analysis, huge bearish power candle going under 200 ema, under VWAP, already but still is under 21 ema, etc. Could see more retracement down to maybe $400-390? Market has been recovering pretty nicely so small retracements like this follow up with strong bullish movements; after this retracement hopefully we can see upsides of 432 and a strong break to the high of 480. Let me know your thoughts :)
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