Spy trade idea
I currently think we are at a serious inflection point that we need to watch out for. If we break below this 4425-4400 area,
then I think we may see a bigger sell-off take place. I do expect to see some volatility coming into early next week and wouldn't be surprised to see a bounce higher or a continuation lower. My current stance on the market is slightly bullish - neutral for the spy and will continue to be patient while waiting for price action to confirm where we go next.
then I think we may see a bigger sell-off take place. I do expect to see some volatility coming into early next week and wouldn't be surprised to see a bounce higher or a continuation lower. My current stance on the market is slightly bullish - neutral for the spy and will continue to be patient while waiting for price action to confirm where we go next.
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