Breaking Key Support In The S&P 500 (SPY) Could Be A Reversal Opportunity – Investing.com
- Date: 20-Sep-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Breaking Key Support In The S&P 500 (SPY) Could Be A Reversal Opportunity – Investing.com
SPY-Daily Chart
Friday, the SPDR® S&P 500 (NYSE:) broke an important support level by closing under the 50-Day moving average and the week's low. While this was an important level to break, it was also a very clean and obvious place for the SPY to fall through.
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