JebusLives

SPY - What Comes Next? 450 Bounce Scenario

AMEX:SPY   SPDR S&P 500 ETF TRUST
Might see one final retest of the yellow channel bottom on the way down ~464, might not
Support @456 - 50D EMA
Support @450 - Previous rally highpoint
Support @448 - Bottom of red channel

I'll be watching 450 very closely for my next play.

Ghost feed is a possible future based on a scenario where we bounce off 450.

Looking for confirmation of a bounce on 450. Likely to play that with some calls in the January / 470 range.
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