$SPY TOP 20
Added 2023-08-15 15:24:06 +0000 UTC$SPY is still managing to hold onto the trend line and the 50 Day MA from above....unlike the $QQQ which has lost the 50 Day MA and testing from below....so Tech stocks are taking a harder hit as we expected. Remember we have the $QQQ in Wave 4 and the $SPY in Subwave 4 of Wave 3.
As long as the $SPY stays above the trend line and 50 Day MA, as they move up from $443, this could limit the damage done to this market.
