The SPY Presents Opportunity For The Bulls, Must Hold This Key Trend
September 12, 2021 at 16:15 PM EDT
The SPDR S&P 500 SPY took a nose dive on Friday after failing to regain an upper ascending trendline on Sept. 3. Since May 20, the SPY has fallen below the upper trendline on three previous occasions and tested support at the lower trendline.