From TradingView · · 30s
SPY correction path analysis
SPY may drop to $638-686 before rebounding.
In brief
SPY may drop to $638-686 before rebounding. SPY could fall to $638-686 support levels before a potential bounce. Originally reported by TradingView.
SPY correction path
SPY looks to start a larger correction by dropping to $638-686 support levels.
Support levels
A break below $733 could set up a larger bounce to $473-450 for the final bottom.
Correction timeline
The first leg down must happen by Nov 6th for the correction to play out.
The headline
SPY could fall to $638-686 support levels before a potential bounce.
