After breaking down some shorter term supports - thou on ordinary volumes - SPY might experience more downmoves into strong demand zone just above 227.50. But overall it still looks like a retracement into an uptrend line.
For next couple of weeks I'll be looking for shorts, targets at 231.5, 230.0, 228.0
For next couple of weeks I'll be looking for shorts, targets at 231.5, 230.0, 228.0
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