Heist_FlyZ

The fun is over, a new dive to the bottom begins

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
As you can see from the chart, we have come very close to the main downtrend that started at the beginning of 2022. We slightly went beyond it, but didn’t hold it. It was also confirmed by the fact that after the inflation report, all growth disappeared literally in 1 day. I expect the fall to continue over the next 3-4 months, until the next bounce. At the moment, it seems that all the positive has been exhausted...

QQQ:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.