Chart Update On SPY...

This is a quick analysis for SPY…

SPY We have confirmed the weekly hanging man that I posted in the beginning of the week.

I strongly suggest a dip to $492-$500...

Got some hate for posting the hanging man on Monday but, it was my opinion and it is a candle that I follow religiously.

IT has confirmed and closed under and suggests for more downside and we can see the VIX and DXY agree with this idea.

Be patient, good dip buys are coming for the long term.

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