SPDR S&P 500 ETF TRUST
Short

Spy

110
Looking like a retest of this mornings breakdown of sideways considlation from 408.60-407.75. Now backtestinf as reistance. Could be a slow breakdown stair stepping down but we should get some volume and bigger move down at a break of 406.

I’m looking bearish for now. We’ll see if we bounce at 406 again tomrorow then Mabey the king will be better, I’m not convinced yet. Looking for a drop to 402.20 or 400.30 for retest. im in short on spy at 408,60

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