RSI is in downward channel and it also formed a head-and-shoulder pattern. I expect a significant fall of SPY on Monday, August 28, 2023.
Note
The pattern didn't hold. However, I expect SPY to fall today and/or tomorrow (Thursday/Friday) maybe even beyond that.Join free discord.gg/wDTkRnS or t.me/TradersForecast
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Join free discord.gg/wDTkRnS or t.me/TradersForecast
Disclaimer
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.