Spy close below daily SMA50 yesterday and today seems to be the resistance.
Spy has been making LH LL since oct 13. Yesterday action different from the last little while of BTFD. WIth covid cases raising, small businesses closing down, people depends on stimulus deal, 12 years of bull year?!?!! There is something no right and everything have a cycle, we are due for a correction just have to be caution when fundamental doesn't support the action on the mkt...
Spy has been making LH LL since oct 13. Yesterday action different from the last little while of BTFD. WIth covid cases raising, small businesses closing down, people depends on stimulus deal, 12 years of bull year?!?!! There is something no right and everything have a cycle, we are due for a correction just have to be caution when fundamental doesn't support the action on the mkt...