Perfect Bull Trap Setup - SPY 20ema/50ema Bear Crossover

We have been watching this setup since Oct & Nov but it was held off by the wu-tang double bottom bounce and the nearly 20% move off the lows.

Keep eyes on the markets here for a flush.

Historically significant crossover as I have pointed iut in past published videos and charts with huge potential for extreme downside pressure.

DXY holding the 103 support is significant.

הערה:

SPY 20ema/50ema 2week bear cross. 1st since 2008