Nice rally performed ytd by $SPY but I doubt this will stay up in the up direction trend.
There isn't much strength to the rally with RSI decreasing and MACD crossing down on the 30mins chart.
The bears should win this one, at least for a while.
Disclaimer: I am not a professional financial advisor, I do this for fun. Sometimes I am right, sometimes I am wrong. I am learning as I go.
There isn't much strength to the rally with RSI decreasing and MACD crossing down on the 30mins chart.
The bears should win this one, at least for a while.
Disclaimer: I am not a professional financial advisor, I do this for fun. Sometimes I am right, sometimes I am wrong. I am learning as I go.