After the previous blog about SPY may drop 15%, the target has been quickly reached and this is very surprising as it has past through all the support with ease. There is no rebound in between except on last Friday. Pre market look really bad as it opens high in Asian hour and quick went south. It looks like there is further downside but given how much it drops in short term, there should be plenty opportunity if you look to buy Value.
Posted via Steemleo