ProSignalsFx

โœ…S&P500: BUY THE DIP? KEY LEVELS TO WATCH๐Ÿš€

ืœื•ื ื’
AMEX:SPY   SPDR S&P 500 ETF TRUST
โœ…S&P500 broke out of the rising channel
And after the retest fell back to the breakout low
Just as I predicted in my previous analysis
Now, I personally doubt that this is the end
Of the Great Covid Bullish Rally
So following the buy the dip strategy
That worked so well during the last 2 years
I've Identified two key levels
One at -6.5% and the other at -11.7% from the all time high
The latter is a great level both technically
And also because its an important round number
A gravity centre for the options trading
The -11.7% correction is also big enough
To convince many institutions that its safe to buy now
Thus,If you are looking to buy
Watch these levels closely!
LONG๐Ÿš€

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