SPDR S&P 500 ETF Trust

Price prediction based on Distance from 40 month MA

175
Notice that every time price hits the blue line (resistance) on the Distance from MA indicator, it hits the support at zero (green line) within about a year. Based on current price, SPY is at resistance and could hit the 40 MA about within a year. That would be a roughly 30 percent drop from current price. Not investment advice.

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