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Near range low, trend line, possible small double bottom and as usual, a big gap down means rebound upon open to at least 5 min EMA20 so could be a rebound first here then we'll see.
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SPY daily. The possible bounce back to the top failed, at the EMA 20. Bad sign. But stuff is not normal these days. And the bulls do not give up easily.
Charts posted are not recommendations. They are just a sharing of information.
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As I said in the opening statement, a big gap down the very first thing upon open is to rebound to 5 min EMA20, so we'll see there whether bears still have chances today or not.
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Testing EMA20 as usual. It's the bear's last chance here for today.
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