PharmDinvestor

PharmDinvestor t1_ixnsdek wrote

Technical Analysts are telling you SPY is in a downtrend and will hit 340. When you ask them what happens after 340 , you get a response like 🤷‍♂️… the with all the data and lines they draw , then don’t even know what direction SPY goes …. Anytime SPY break 400, they will come out and say we have to test the lows . My question to all TA… why do we have to test the lows ?

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