Fib retracement channel since the start of 2014. Were hitting the bottom resistance line, 203.6. Dipping lower than this will send us into another crash like October. I don't think it will be as significant, but I think SPY could hit 196. in 1-2 weeks.
Disclaimer
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.
Disclaimer
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.