SPY break to the downside of the rising wedge - next levels
SPY's rising wedge is not broken, more downside ahead.
The next levels to consider are:
The next levels to consider are:
- fib retracement level 0.382 at $264.31
- then, a major support line in play since 2016 at around $258
- finally, another fib retracement level 0.236 at $246.65
