$SPY TOP 20
Added 2024-10-02 12:47:36 +0000 UTCYesterday there was a brief sell off in the market due to the escalation in the middle east but we can see on the chart that it was simply just a retest of the $565 breakout level.
Retest of such important levels, particularly holding is a very bullish signal.
If the price can continue to hold here then we could see more bullish sentiment creeping in and $AMZN is a stock I am watching closely to hold support.
Losing $565 and the next test is likely the 50 Day MA $552 and I believe this will be the range for the month of October then until the elections.
