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UnknownUnicorn2777229

SPY more down?

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
UnknownUnicorn2777229  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Beyond Technical Analysis Chart Patterns SPDR S&P 500 ETF (SPY) spy/tlt spyshort spy500 spyder spydercrusher spyforcast spyoptions spyusd
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trendanalysis beyondta chartpattern spy spy_tlt spyshort spy500 spyder spydercrusher spyforcast spyoptions spyusd
Over the weekend it looks like the virus has gotten worse within the US. The may lead to more downside this week. We are currently in a correction zone but below $271.2 we are in recession territory or 20% down from our previous highs. I think that $286 and $281 will be hard resistance to break through to go lower. I am going to long puts on SPY but also hedging this week until we break $286 and $281.

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