SPY Short Prediction - 10/15/2023Unqualified prediction: SPY looks to be rolling over on the 1hr with multiple historical zones of support and resistance overlapping in a concentrated range (specified in-chart.) This in a TA sense would indicate a potential fight between buyers and sellers for control of price action, but macroeconomic fundamentals and geopolitical concerns, as well as ER volatility make for turbulent waters with this amateur analyst biased towards the downside.
