manugav

$SPY @ MAJOR KEY LEVELS

BATS:SPY   SPDR S&P 500 ETF TRUST
I believe it is yet soon to declare myself bullish or bearish. However, I think we are at a major key level. This week (10/22-10/27) will be crucial. The positive is that in case of a strong green week with good volume, we will be absolutely ready to go bak to 460. On the other hand, a red week means we could see 400.

We will need to be looking at it. Be prepared for volatility and maybe a liquidity grab.
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