UYG and S&P for Dec 23

UYG came down to nearly 5.25 & then bounced back to close at 5.42
For scalpers, it may be worth watching its behavior.
If it pulls back to around 4.9, it is an opportunity for entering.
The trigger can be pulled to offload around 5.6

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SPY showed very strong support at 85.5. It has small support at 88.40
In overnight market, the (ESH9) Emini futures for S&P are moving sideways.
The overall long term trend for S&P has been downwards.
If it moves upwards, then anaylyze the charts that indicate SPY to go till 87.5 or ESH9 till 877.

On the downside, we may see a ride for SPY till 85 or ESH9 till 855

The behavior indicates that will definitely come down to retest the 85.5 (SPY) or 855 (ESH9) in near term.
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