Spy is continuing to decline
As previously discussed, spy has not broken (correctly) to the downside of the distribution pattern discussed in last week's post.
My leading indicators (gold, EM, and rates are signaling risk-off). However, gold has paused. SPY is at the large 400 handle. I expect a slight bounce or some consolidation to occur before continuing toward my target of ~380.
My leading indicators (gold, EM, and rates are signaling risk-off). However, gold has paused. SPY is at the large 400 handle. I expect a slight bounce or some consolidation to occur before continuing toward my target of ~380.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。