The market opened down hard today, the pre-market low for the SPY has been 109.42 which is a penny above the intraday low from Friday May 7. Just under 110 is the 61.8% retracement from May 17 highs and now that level has been broken. If the market keeps falling next level of support is at 109.22. Don't rush trades today, let the markets settle first.
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