SPY BEARISH INDICATORS

٣ يناير ٢٠٢٢

I don't like posting two negative posts one after the other given the fact that the other did not hold true. Having said all that it can be seen in the chart that Vol is increasing on the downside (past 2 dys). alongside this CCI is borderline on a bearish convergence with also the Stochatics crossing over. This is important to keep in mind given the rally last week.