SPY – Technical view

Ok, 2 lines in this one 🙂

In a previous post I drew 3 lines. The B level was hit, as I expected. Now what ?

We are testing now the 107 level, and if we break that one, we will go further down to the 102 level (the November correction level)

Some explanations why we have this bad sentiment despite good earnings and a better than expected rise in GDP

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