SPDR S&P 500 ETF TRUST
Short

Market Wants to Retest Breakdown Area

78
Today's action was short term constructive for the bulls, but my belief it we have broken down through support which now becomes resistance from underneath. I will trade in direction of the downtrend once it reasserts itself (and bulls exhaust themselves). Price will lead the way.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.