SPYWeekly SPY gaps under the Median Line ....
Any hope for a Santa Rally is now canceled.
This might be the start of the big move lower.
Watch for the retest of the ML and short this to the energy point around 318.
Oh yeah, and the 0.618 Fibonacci Retracement Level is also at 318, probably nothing.....
Fat_Fat
Note
Note
Added Mar 17 386 SPY Puts.Note
Gap under + retest = Mega Dump incoming
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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.