SPY is closely replicating S&P 500's movements throughout Fall 1978 - 1979. Watching to see if 403 or 390 are the bottoms, these are based on SPY's fib retracements with July 2023 being the local top.
Will be watching this chart closely in the coming weeks
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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.