My dear friends, My technical analysis for SPY is below: The market is trading on 511.28 pivot level. Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable V continuation. Target - 507.15
About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK