$SPY recap for 3/8/23!
Choppy price action on day 2 of JPOW. Many were expecting the same action as yesterday, but in typical market fashion, it had many whipsaw fake-outs in both directions! That said, we are eyeing this weekly chart, because if it closes as a Bearish Engulfing candle, that will be yet another bearish sentiment as we look ahead.
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