SQQQPSQSHSPXUSDOW Given the current data and oversold behavior across sectors, shorting now carries significant risk. Several major stocks are already flashing bottoming signals, and we could see a rebound next week that's sharper and faster than the last two
Unless SPX can hold this EMA ribbon as support, we are in big trouble. Right now, price is below the ribbon, but what matters is the closing candle. It's possible that it can print a long lower wick and hold support. SPYES1!SPXU