Replies to post #204751 on SPDR S&P 500 (SPY)

[risk on]

SPY Daily candle COULD , possibly , maybe , perhaps remain a nice upper wick , but most important is the FAIL OF THE 9 EMA, a rather notable fail at that. Because, spy HAD a gift of a gap over the 9 EMA and HAD it as S.

CLOSING below 9 EMA daily keeps downtrend in order.

[Scripo]

Bollinger bands are still King indicator on LT charts IMO dip buying just use Mid bb as a strike. Think the QQQ is in for the hardest hit 90 target price 50 daymonthly average not straight there but ill be buying puts on rips