SPY’s major resistance - 415
Check out the image below, and you would be able to see that SPY has tested this level (415) on so many occasions and kept getting rejected.
My view is that the broader market remains gloomy as long as SPY is below 420 and 415
My view is that the broader market remains gloomy as long as SPY is below 420 and 415
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Successful investing is about managing risk, not avoiding it. DYODD
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Mike Hunt : Good call in retrospect
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Hopefully, the bearish divergence will be validated soon.
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