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SPY Financial Crisis to $365
SPY
, 1W
SPY: SPY Financial Crisis to $365

Fed sold, SPY broke support at $427 I am expecting a dip to $365 ish with rate hikes next month. I am buying 415 puts tomorrow

SPY Short Squeeze based on RSI/post Quadruple Witching
SPY
, 1D
Long
SPY: SPY Short Squeeze based on RSI/post Quadruple Witching

markets.businessinsider.com Looking at the chart you will notice SPY has been trading flat for around 50 days. SPY has never done this before (rare). Very heavy price consolidation = breakout soon During an uptrend, the RSI tends to stay above 30 and should frequently hit 70. During a downtrend, it is rare to see the RSI exceed 70, and the indicator frequently...

SPY Trend line
SPY
, 1D
Long
SPY: SPY Trend line

The trend line of SPY. The bottom trend line indicates support, while the top indicates resistance.

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