Telex2015

SPY Daily Chart is already Bearish - Weekly Chart to Follow

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Since Sept 10 Daily EMA8 went under Daily EMA20, we have been waiting for the confirmation for the same to take place on Weekly chart.
Gap down this morning is not a surprise at all. SPY

Disclaimer

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.