Eye on the SPY
With the pre-Memorial Day Rally behind us, let's put our plan together for next week and beyond using Technical Analysis & Price Action
This movement in SPY we saw going in to Memorial Day Weekend doesn't give me confidence in the market reversing out of this corrective movement. There are many factors that make me think this is just a breather before we see more down trend. I will need to see more levels shattered before I see a clear uptrend. For now, I'm just playing the directional momentum, and waiting before I commit to more exposure in investments.
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- Bob
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