SPY: berish

7 ביולי 2023

RSI on daily SPY is in a downward channel. I expect RSI to fall next week.

7 ביולי 2023

הערה

I meant I expect the price to fall (but RSI as well). I also expect this fall to be significant.

13 ביולי 2023

הערה

well, yesterday morning CPI came out and inflation turned out less than expected and that pushed the market up

20 ביולי 2023

הערה

I am still bearish on the market (despite going up meantime).

22 ביולי 2023

הערה

SPY looks bearish for the rest of the month, at least. I expected it to start to fall earlier but it seems the better-than-expected CPI report gave it an extra boost. But I have relatively good confidence that the market will fall. SPY is closed yesterday (Friday) at 452.18.