Bearish Outlook - Potential bounce area and target areas.
In this short term bullish leg, zooming out to the monthly confirms bearish ideology. Using a Fib Retracement from most recent lows in October 2022 to ATH in December 2021, this shows we are bouncing between 50%-61.8% levels. Using these fib levels combined with supply and demand, $SPY could ri AMEX:SPY...
