Spy weekly chart testing major support of 200 weekly EMA and RSI at at around 30, it has had hold pretty well in the past at those levels. Good place for long position with a stop just below the 200 EMA. the market is very volatile and unpredictable. Trade safe keep loses short.
SPY
SPY
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.