SPY Red Alert below 524.61 we need to look down
We have a Demark 13 weekly exhaustion count, 5th wave 1.0 extension on EW, negative divergence on the weekly MACD and failed breakout, if we don't close above 524.61 for the week then the market looks in trouble
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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.