SPY - 03/21/21 Projection

٢١ مارس ٢٠٢١

Fed speaks Monday, Tuesday, and Wednesday so my primary thesis is a bounce at current levels or a retest near the 385 level. I do think we have another leg higher to 407 but we are a little overextended currently. Be on the lookout for a drop to the 50 day EMA for a potential bounce.