SPY is nearing converging support levels and oversold stochastic levels. A low risk opportunity may present itself near the 50 day moving average.
Take note that the volume pattern is showing distribution.
Key SPY Support Level
Trading Stocks & Personal Development: Making the Complex Simple.
SPY is nearing converging support levels and oversold stochastic levels. A low risk opportunity may present itself near the 50 day moving average.
Take note that the volume pattern is showing distribution.
Paul J Singh 
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