Weekly SPY analysis for next week, support at or around ~420

٢١ أغسطس ٢٠٢٢

Hello once again, looking at a breakdown of last weeks action on SPY I think we find a lot of buyers at the 420 level next week and see a solid 1%+ gain for the full week.

What is driving the market? At this time Central Banks are issuing debt and the US seems to be doing the same to combat inflation.