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SPDR S&P 500 ETF TRUST
Short

High likelyhood of decline from here

97
Indices have had a nice rally since mid Feb. Even though daily candle is massive and bullish, MACD is rolling over and previous day was rejection. And in broader market context, it is due for some correction. Fundamentally, US data has been poor at best and with earnings season starting next week, this could be a rough start but who knows.
Things could get volatile here. Lately been too quiet.
UnknownUnicorn212622
shortSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)

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shortSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)
UnknownUnicorn212622

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.