SPY / SPX / ES1! - Not confident this is the end of the downtren
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Wanted to get a quick technical analysis out on what I'm seeing with SPY. Signs are telling me the downtrend isn't done yet. This could possibly just be a retracement from the downtrend, or as you see me refer to it as a "dead cat bounce". I'll be watching it closely to make sure I capture the right call for those looking to hedge.
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As always, please let me know if you see something I didn't catch.
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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.