SPY as of today, like in the 2009 parallel in my post before this, also had a daily deathcross. Then price made a June low at 3636, bounced up to retest dma200(wma50) but was also rejected similar to 2009. SPY also gave up all gains & even broke below the June low.
Twinkle of HOPE: if entailment this week changes to positive, It is still possible that SPY may...
7200 is anchored(strong-strong resistance below), now looking for a 7300-7400 confirmation...
All timeframes are screaming BUY signals but the 4H-1D(expecting them in a day or to).
Just one or two more (1-2%) corrections and the bulls will be set free for the corRrRrRida!
Something big is coming...