If you look at the 2008 crash, the market fell after the stimulus was passed.
SPY has continued to follow this bearish channel and has continued to form lower lows.
RSI is at 70 and is overbought.
SPY has continued to follow this bearish channel and has continued to form lower lows.
RSI is at 70 and is overbought.
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.
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.