No change to the SPY. I am still watching the stock market as in a symmetrical triangle consolidation getting ready to break down to the 361-367 level on decliningg volume. It most clear on the weekly. I am expecting this pattern to be a continuation to 351 from the yellow rising macro wedge on declining volume we had been watching. Symmetrical triangles are normally continuations. This setup make me bearish on BTC and is the primary reason I am bearish on BTC. However, if this pattern becomes invalidated or breaks up, we can look to retest the resistance line above at about 392. I will re-evaluate on invalidation
Comment:
But my bias is still bearish until then