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Short

SPY dump along with NASDAQ and DOW

168
SPYSince September I have been saying something is wrong. The ramp up is as about as real as a Tinder profile. In March 2020 everything was at a stand still.
The market lost next to nothing and kept going and going. A lot of us weren't working and a lot of us that were, were producing next to nothing in product to support this type of price action.
Mr. Rising Wedge, please meet Mr. Descending Channel. This along with all the rules by the DTCC, SEC, NSCC and soon, I am sure, the CDC are all finally catching up with us.


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ssyxworld
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ANDBeyond Technical AnalysisChart PatternscorrectiondescendingParallel ChannelrisingSPDR S&P 500 ETF (SPY) supportSupport and ResistanceTrend AnalysisWedge

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ANDBeyond Technical AnalysisChart PatternscorrectiondescendingParallel ChannelrisingSPDR S&P 500 ETF (SPY) supportSupport and ResistanceTrend AnalysisWedge
ssyxworld
Also on:

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.