$SPY and the 200 Day are destined now....so there is more blood today but until there is a test at this level, I don't see any reversal until then and none of us should be surprised to see this happening.
Any pull back in the market can be amplified on individual stocks.
There are a lot of indications to show that a reversal is coming but rock bottom needs to be tested and that is looking like the 200 Day MA right now.
The 200 Day MA needs to hold.
Gareth Neary
2023-10-05 19:08:50 +0000 UTCiTurp
2023-10-05 18:57:02 +0000 UTC