SPY gap down ,broke previous low ,made a new low and bounce over 270 support and back in range.
This is usually the type of action which often leads to a short term bottoming pattern. Not sure if we have seen the low but it’s a low for now and will watch if bulls can build on it and go for a relief rally. As far stocks , way too many damaged chart out there and unless we get one of those old fashioned ‘V” rally, it will take some time to heal. Meanwhile day trading the ranges .
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