MARKET ALPHA - SPY UPDATE

٢٨ سبتمبر ٢٠٢١

SPY

For those that are following this chart... You would have been well aware of the weakness the market was showing overall. After a bounce higher, we were never recovering on our Laguerre RSI. The explosive move to the downside today was flagged by the weakness in that indicator.

I would totally have posted yesterday but It was my girlfriends birthday so I was getting everything ready for that. Stay safe out there in there in this market. It could be the beginning of the market finally rolling over.