If you zoom out to 
SPY 1W chart notice the massive rising wedge. The last support level to watch for the bull case is 410.64, it seems doubtful it will hold up with continuous pressure by the bears. If this support level is lost expect sub $400 on $SPY.
SPY 1W chart notice the massive rising wedge. The last support level to watch for the bull case is 410.64, it seems doubtful it will hold up with continuous pressure by the bears. If this support level is lost expect sub $400 on $SPY. 
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