Is the SPY Party over?

٢٥ نوفمبر ٢٠٢١

Simple enough to me - 470.89 to get the party to continue and a close below 465 marks the end of it. Earnings season has disappointed [as it would inevitably after such a long period of good performance] so for the bears to take.

٢٦ نوفمبر ٢٠٢١

ملاحظة

Hmm, more pronounced than I expected. Next wrung down down to 453.70 - fighting over 459/60 at the moment

٥ ديسمبر ٢٠٢١

ملاحظة

Seems 450 is a firm line of resistance with 460 the top blocker. Chop zone perhaps?