SPY - Bearish momentum

١٨ يناير ٢٠٢٣

SPY rejected resistance at 4000 by forming big red candle. SPY is likely to go lower to test supports at 3926(fibo 0.38), 3900(fibo 0.50) and 3877(fibo 0.618).
The resistance levels: 4000; 4090

Good luck! Good trading!

D1