$SPY (ETF for S&P 500) stock chart dated 12/09/18

$SPY (ETF for S&P 500) stock chart dated 12/09/18

The S&P 500 stock chart is showing a range bound market that is right at the bottom end where support may come into play and move the market higher.  Let’s see what happens.  The market is still very volatile right now, so you should be in cash. If you feel the need to trade, you should only consider day trading until the next upward swing starts.  Where will it find the bottom for the next swing trade possibility?

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