$SPY recap for 12/19/22!
No Santa Clause rally yet! Today was the first day of fresh gamma after Quad-Witching on Friday and it was not a good start for the bulls. It is difficult to get super bullish as price continues to navigate lower into November's range. Santa would have to help reverse things on the daily and weekly chart, and so far chart patterns intraday are supporting the bearish thesis.
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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.