RSI indicator showing that SPY is overbought on the Weekly and Monthly chart.
We see a strong correction in the markets due the Omicron Covid Variant due to lockdowns in Europe and other parts of the world. Economic damage is already irreversible.
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.