SPY to downside?

It seems to me the market is going to drift upward, but the path is unclear.

And while we could look to play the bullish side, I think the bigger move will be down once the SPDR S&P 500 ETF Trust (SPY) and its daily 50-day simple moving average (SMA) meet.

Let’s review this wild action:

There are many economic variables influencing the stock market this year. How do you trade this ever-changing environment? Members of my Moxie Indicator™ Mastery Program learn how to combine fast-moving signals and track movement as the market adjusts to sudden changes. Join us as we keep up with how this market is moving!

Your Profit Pilot, TG

SUBSCRIBE

Move from reacting to predicting market flow. Join TG’s “Profit Pilot” E-Letter to get actionable insights from his chart analysis so that you can finally catch trends on time.

We will never sell your information to any third parties.