Greetings fellow traders and welcome to your October 13th 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.
Could there be a stock market rally? Probably. Would it be the end of the bear market? Probably not.
No support for this daily chart as we continue price discovery on the back of rising interest rates.
SPY weekly has support from our bounce trend line from lows this year, now coming in the low 330s. SPY 340 and SPY 320 are support levels as well for now.
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