Hello Friends. SPY is not bearish and there are no technical reasons to open a short position imho, unless you feel like it. We're obviously approaching a zone of potential resistance. My overall perception is that we're going to enter some kind of consolidation phase and eventually retest the closest support zone. Happy Easter my fellow rabbits.
Commento:
P.S. Just noticed I had SPX on, but it's the same as the cash version. Cheers.
