For the last few days, the SPY has been showing an upmove.
I see something like a Bear Flag.
That doesn't mean we should expect a short in the big picture, but we are near the upper border of the channel and we are also quite overbought.
Let's watch, I would expect at least a pullback to the middle of the channel.
Maybe for the short term, it would be interesting!
I see something like a Bear Flag.
That doesn't mean we should expect a short in the big picture, but we are near the upper border of the channel and we are also quite overbought.
Let's watch, I would expect at least a pullback to the middle of the channel.
Maybe for the short term, it would be interesting!