Looking at SPY's Friday's Daily candle, it is no brainer that SPY has further downside.
The next strong support is around 376.5.
It doesn't seem likely that this support would be breached. SPY should this week touch this level or reverse very close to it like some where between 378 and 376.
The next strong support is around 376.5.
It doesn't seem likely that this support would be breached. SPY should this week touch this level or reverse very close to it like some where between 378 and 376.