SPDR S&P 500 ETF TRUSTUpdated the market is oscillating out of control
The bearish div and RSI hitting the trend line is changing my mind...looks like a correction is due. It could be THE one, or it could be a correction on our way up another40%. Hard to tell at this point. One thing's for sure -- the "market" is toast (it's a centrally-planned pile of BS)
Note
looks like a nice correction incoming this week. Then I'd expect a massive leg higher
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.