SPY Briefing for Wednesday 3/27/24

Just like yesterday, SPY failed to hold 520 into the close. I'll be watching that level again tomorrow to see if we have follow through on selling or recover later on this week. I'm optimistic for volatility to pick back up soon. Until then, this market is incredibly boring and harbors a lot of risk. Good luck to all those trading right now. I am remaining patient and waiting for a break of 500 to ignite some real fear again.