JustAHunch

We either bounce or break support.

BATS:SPY   SPDR S&P 500 ETF TRUST
directional movement testing support
Demand is around 467, bounce support 470-472 could test highs again
But just a coinflip. We still have CPI higher than 2% Jpow won't be giving us rate cuts for march most likely. It's been 226? days since SPY has seen a negative %2 day.
A lot of bad but markets like to go up. Does a bad economy mean a bad market?
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