The S&P is trading below the 20 day EMA level for the first time since April 3rd. This represents a shift in the short-term trend to the downside - and a likely test of the March 23rd low. I am short here.
Note
This was not a winning idea by any means. I was wrong.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.