$SPY // S&P 500 4h: Bearish divergence. Don't let this fool you!

SPDR S&P 500 ETF TRUSTArca

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⋅ May 17, 2022 4:51 AM

Quick and simple one for today. Don't be fooled by this pseudo-recovery. Note increasing price on decreased volume? Better buy in ahead.

⋅ May 18, 2022 9:29 PM

Very basic TA on divergences can result in some nice profits. Hey, whether it pays for a coffee or your rent, profit is profit. :)