As stated yesterday, SPY found resistance at 263.
Bear resumes
Next target is prior low which as confluence of two Fib extensions or 227
Final and possible bottom will be at 0.786 or 1.00 extension which also is at prior support from winter 2015-2016 or around 180.
Bear resumes
Next target is prior low which as confluence of two Fib extensions or 227
Final and possible bottom will be at 0.786 or 1.00 extension which also is at prior support from winter 2015-2016 or around 180.