Hello Friends. SPY is not bearish and there are no technical reasons to open a short position imho, unless you feel like it. We're obviously approaching a zone of potential resistance. My overall perception is that we're going to enter some kind of consolidation phase and eventually retest the closest support zone. Happy Easter my fellow rabbits.
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P.S. Just noticed I had SPX on, but it's the same as the cash version. Cheers.
