SPY could start a clear bearish trend.
The market strongly breaks our subjective support of r200ma on April 4, and then tests the $520.00 zone, forming a clear resistance in that zone which gives us an HL's, on April 12 the price breaks a $512.00 support zone, zone that the price could test and then form a downward trend, if our prediction is confirmed, the price could be looking for the $495.00 zone.
Desclaimer:
The information and publications are not meant to be, and do not constitute , financial, investment, trading, or other types of advice or recommendations.
Desclaimer:
The information and publications are not meant to be, and do not constitute , financial, investment, trading, or other types of advice or recommendations.
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