On the stock market Friday June 12 2020 ... the COVID19 issue at this point is an on going issue that is capable of invoking FEAR in the market. FED Chairman Powell's remarks indicates this as we saw the market reaction yesterday.
In spite of that the BULLish momentum has not gone away yet. Indications are that SPY support at 297.87 is currently holding up.
On the stock market Tuesday June 16 2020 ... S&P500 SPDR bounce off 297.87 enhanced today as pundits respond to positive retail sales reports for May 2020.