Still Bearish on SPY
The 50 SMA on the daily for SPX is 3408, and spy struggled to close at 3401. This RSI on the 5 minute chart is relatively high so may test 3408 before coming back down.
If we hold above 3408 tomorrow, can go bullish.
If we hold above 3408 tomorrow, can go bullish.
Note
Currently holding under 50 SMA on daily chart.
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.