SPY - S&P500

19 nov 2020

Just as feared, SPY did not break the resistance. Will need a bigger push to break that resistance. Back to 351 - 352 range tomorrow @EMA55. 1.2 billion was out from the market later in the afternoon today which made SPY go down. Since cases are rising and lock downs are initiating by some states, it is unlikely that onshore and offshore investors will invest, infact they will be taking their profits out given with all the uncertainty. Afterhours is red 8:05PM CST

Please do your own Due Diligence!