SPDR S&P 500 ETF TRUST

Spy 7/12/22 Fibonacci 1hr

167
Play back yesterday’s chart we ended up right at the .28% and once again the lowest volume we have seen in awhile. That being said I still believe we hit the target by Wednesday 377. These little rallies in a bear market are normal but everyone gets on that hopepium wishing they caught the bottom there’s still to much uncertainty and fear of a recession everyone knows it’s coming but still expect to go to 420 and have a bull market. Be patient out there this morning was a mean bull trap on that first candle. Tomorrow 380.50. Good luck out there trade what’s in front of you

Oh almost forgot that darn Covid trying to make a little comeback again shutting down Macau casinos

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