Getting technical: How the bears are shorting the S&P 500 vis-à-vis SPY

Yahoo Finance Video

It's 2:00 pm ET on a Friday. The S&P 500 has sold off hard, but right into confluence support that includes the 200 day moving average and a long-term trend channel. Yahoo Finance's Jared Blikre breaks down the SPDR S&P 500 ETF (SPY) to show the levels where the bears will add positions, where they'll feel max pain, and what their targets are.

Scroll to continue with content
Ad

What to Read Next