Spy game plan for May 2, 2022
I have outlined support and resistance, which you can see on the rectangle, but overall, we are on a downtrend in which we saw a massive sell-off on April 29, 2022. Looking at the chart, I will state two scenarios that I think we might see tomorrow.
Scenarios:
1- 405-406 is possible tomorrow with a fake pump, then downward continues.
2- We can see the spy touching the resistance of 417-418 with a morning dump to 410.50-411