$SPY Reversal Spot
Updated
If the lows are in, look for 50%-61.8% retrace over next few weeks.
Bullish Divergence showing, as well as pivot points from 2018-19 as support.
Bullish Divergence showing, as well as pivot points from 2018-19 as support.
Note
support and resistance lines are used for a reason.price literally bounced of the dotted line of previous support, and bounced.
hopefully that is the last test down there and this trade can run.
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