The S&P 500 had been strong but has turned neutral in the short term and slightly bearish, with SPY and QQQ indicators bearish for the near term, while the Dow's rise during the week points to a slight upward trend instead.
BearishHe framed it in weeks
“REPLAY - US Stock Market - S&P 500 SPX NDX RUT | Price Projections & Timing”
Steve MillerPublished Oct 19 · 3 passages
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P 500 index, as I explained to you, is strong. So what happened? The S&P 500 has become neutral in the short term, slightly bearish, and very bearish on the QQQ, while we saw the Dow Jones rise during the week, which indicates a slight upward trend.
As you can see, this reflects that. excellent! If you are trading during the day and want to adjust your positions, you will see that the SPY and QQQ indicators are bearish, and this indicates the near term.
If you are trading during the day and want to adjust your positions , you will see that the SPY and QQQ indicators are bearish, and this indicates the near term.
What this channel has said about $SPY
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