SPDR S&P 500 ETF TRUSTUpdated SPY Ready for Pullback?
Looks like we are due for a pullback to the 200 day MA at $421 then a reversal. There is a great bit of volume that has come in and the RSI is cooling.
Trade closed: target reached
SPY pulled back to the 200 day moving average. RSI is still low and volume is picking up. This could go lower but, this has pulled back to the support zone that I was expecting.
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