Greetings fellow traders and welcome to your December 15th edition of Weekly Wisdom: Levels to Know and Moves to Look For!
Let’s get to what we’re currently seeing in these crazy markets and what we have our focus on going forward.
via Morgan Stanley’s Mike Wilson
SPY has some support at 385 and major support at 380.
SPY weekly has given another fail off the year’s major resistance trend line – 380 and 370 are major support levels below.
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*As of 2:45pm ET December 15, 2022
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