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SPY regains but still in bearish zone
SPDR S&P 500 ETF TRUST
Short
SPY regains but still in bearish zone
By ratchet-mint
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Sep 10
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Sep 10
SPY bounces back after Friday sell off, still inside downward trend
comparing against 1h and 2h timeframe we see that ema remains below sma for both
This also holds true for RSI between 1 and 2h. RSI remains remains below sma
stock remains inside the downward trend after bounce back
SPY still shows signs of bearishness and more selling to come. Not looking like we are out of the woods yet.
emacrossover
Multiple Time Frame Analysis
rsi-ema
SPDR S&P 500 ETF (SPY)
Support and Resistance
Trend Lines
ratchet-mint
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SPY is forming a strong downward trend
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