SPY - Head & Shoulders - Strong sell 20% correction

RSI indicator showing that SPY is overbought on the Weekly and Monthly chart.

We see a strong correction in the markets due the Omicron Covid Variant due to lockdowns in Europe and other parts of the world. Economic damage is already irreversible.

For educational purposes only.
SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

Declinazione di responsabilità