Even as prices rebounded after the heavy selling, the SPY
still appears to want lower. As it neared the downward trend line
at the end of the day, it was met with heavy resistance first initial entry was at 152.20. Tomorrow will be key, if price can close below the regression line on the daily it will be immediately bearish
looking for 148. However if price can advance, and settle above 153, it may be looking higher.
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You can get hourly charts and mid day trade ideas with entries and exit points.