$SPY recap for 2/21/23!
The bears took control today, but as we noted, they had the chance to do it after closing below the CPI candle and the inside daily candle last Thursday. Friday's close was suspect, despite the Hammer candle - and it proved to be a Hanging Man off a major moving average. It lost grip today and we saw some nice downside action. FOMC minutes on Wednesday!
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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.