MoneyPatterns

SPY - Downtrend Started - Part 1 of 2

Short
OANDA:SPX500USD   S&P 500 Index
Daily chart shows RSI turned down crossing trendline.
Fisher Transform flipped bearish.
Filter Dots confirm bearish downtrend has stared.
In my opinion, this correction should last at least a week up to one month (Christmas).
Possibly greater correction if determined in December.

I will update a 30Min Chart for Part 2 of 2.

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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.

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