SPY Bear Flag Pattern
A strong bear flag pattern can be seen forming on the hourly and daily charts. Probability of a double bottom or lower low likely.
Support to watch at $213 which formed near the previous bottom & 2015 resistance. If support breaks with conviction, next key support area to watch is at $157
Support to watch at $213 which formed near the previous bottom & 2015 resistance. If support breaks with conviction, next key support area to watch is at $157
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