SPY: Doom and Gloom Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Mar 18, 2023 11:09 PM

Keeping it simple... Each time the 20SMA has curled over this significantly on the monthly, we have gone into a recession. Expect a steep decline in equities in the coming months. SPY 328 incoming.

Comments

dRends35

⋅ Mar 19, 2023 12:37 AM

Interesting chart thanks. Not sure I agree with SPX 2W MACD bullish cross and crypto mooning.