MA20 is “providing” better support than I thought, 2 bounces of this “level” so far. My best chart guess is that IF this level doesn’t hold, we could go down quite sharp the following trading days (>-2% ; MA50 @~1600)

Below 1h SPY chart. There has been no panic selling yet, I guess it needs a test (and perhaps break of 1600-level) for such an event to occur..

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