SPY , after multiple rejection at 284 area, finally broke down and tested 200 MA. Bulls wants to defend Wednesday's low. I am expecting a short term bounce back to 280-282.50 area. Short term trend remains bearish unless bulls reclaims 284/285 area. This volatility providing some nice trading if you are an active trader. Amazing range on some of these names like SOLY, ELTK, BYND,GOOS etc. So focusing on runner of the day.
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BYND No stopping this momentum play. Watching on dip at open. Ideally at 93.