Did the SPY found a new support?
I, Honestly, don't, think, so. I would be more content if either retest the $358.~ area or BETTER yet if it hits the $338.~ area. WHY because of everything that is going around. That does not mean that it can not go higher and plunge.
To me today was a weak candle,
1. Not a good volume
2. RSI down
3. Did not close above yesterday's close
People are scare.
Are you more bullish now or bearish
?
"This is only my personal opinion. I am not a trading/finance adviser.”
I, Honestly, don't, think, so. I would be more content if either retest the $358.~ area or BETTER yet if it hits the $338.~ area. WHY because of everything that is going around. That does not mean that it can not go higher and plunge.
To me today was a weak candle,
1. Not a good volume
2. RSI down
3. Did not close above yesterday's close
People are scare.
Are you more bullish now or bearish
?
"This is only my personal opinion. I am not a trading/finance adviser.”
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