Nice rally performed ytd by 
SPY but I doubt this will stay up in the up direction trend.
There isn't much strength to the rally with RSI decreasing and MACD crossing down on the 30mins chart.
The bears should win this one, at least for a while.
Disclaimer: I am not a professional financial advisor, I do this for fun. Sometimes I am right, sometimes I am wrong. I am learning as I go.
SPY but I doubt this will stay up in the up direction trend.There isn't much strength to the rally with RSI decreasing and MACD crossing down on the 30mins chart.
The bears should win this one, at least for a while.
Disclaimer: I am not a professional financial advisor, I do this for fun. Sometimes I am right, sometimes I am wrong. I am learning as I go.
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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.