SPY – WEEK 41/42 – LETS TEST THE BULLS

We saw an ugly decline this week, 13 weeks of advance wiped of the map in a few hours. Futures currently in green and I’ve marked yesterday low as “bottom for now”, up to the bulls now to show they’re still in business.

At some point, est. end of next week or so, we’ll probably test that area again just to see how tight them long stops are.. SPY hourly chart below. GL!