- Daily and Weekly charts has broken crucial support levels.
- Week closed below 20 Week SMA. Weekly MACD is in sell mode which will help the bears of IWM.
- Daily is approaching a neck line of a possible head and shoulders pattern. Trading below 78.14 - 78.58 will strengthen bears further.
- 20 Day SMA, 100 Day SMA and the cloud will act as resistance from now on.
- SPY WEEKEND UPDATE
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