Indice S&P 500Short
SPY - Downtrend Started - Part 1 of 2
Daily chart shows RSI turned down crossing trendline.
Fisher Transform flipped bearish.
Filter Dots confirm bearish downtrend has stared.
In my opinion, this correction should last at least a week up to one month (Christmas).
Possibly greater correction if determined in December.
I will update a 30Min Chart for Part 2 of 2.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.
Fisher Transform flipped bearish.
Filter Dots confirm bearish downtrend has stared.
In my opinion, this correction should last at least a week up to one month (Christmas).
Possibly greater correction if determined in December.
I will update a 30Min Chart for Part 2 of 2.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.
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