goatrades

SPY - More Downside to Come?

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY had a nice green day today but couldn't get past the 390 resistance which resulted in a bearish close.
Close above $390 could make a push to ATH $405+
Break below means it could test the $357-$359 support near the end of the month.
I'm waiting for SPY to hit around my lower target because going long again.

*These are just my own thoughts, not advice*

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