SPY: berish

٧ يوليو ٢٠٢٣

RSI on daily SPY is in a downward channel. I expect RSI to fall next week.

٧ يوليو ٢٠٢٣

ملاحظة

I meant I expect the price to fall (but RSI as well). I also expect this fall to be significant.

١٣ يوليو ٢٠٢٣

ملاحظة

well, yesterday morning CPI came out and inflation turned out less than expected and that pushed the market up

٢٠ يوليو ٢٠٢٣

ملاحظة

I am still bearish on the market (despite going up meantime).

٢٢ يوليو ٢٠٢٣

ملاحظة

SPY looks bearish for the rest of the month, at least. I expected it to start to fall earlier but it seems the better-than-expected CPI report gave it an extra boost. But I have relatively good confidence that the market will fall. SPY is closed yesterday (Friday) at 452.18.