https://rightsideofthechart.com/qqq-spy-impulsive-selling-following-failure-at-resistance-2/ Stock Trading, Investing & Market Analysis Sat, 02 May 2020 00:41:24 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/qqq-spy-impulsive-selling-following-failure-at-resistance-2/#comment-11205 Tue, 11 Apr 2017 17:28:26 +0000 http://rightsideofthechart.com/?p=181768#comment-11205 SPY reversed just shy of the minor support with the reaction just a bit more in scope than I had expected but not in time so far. Red dotted horizontal line + yellow uptrend line are resistance which SPY is now likely to reverse just shy of, thereby making the reaction (bounce) off the minor support both minor (~0.7%) & fleeting (~2 hrs) if that proves to be the case. Updated 30-minute chart:

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