AprWk4 - SPY Wednesday Market Update. There is something strange going on. After last night's movement, the SPY is somewhat at a standstill. It opened at $157.83 and closed at $157.88 with day ranges of between $157.54 and $158.30.
There is a bearish Tenkan Sen cross and it just means there could be a slowing down of the bullish momentum. I am waiting for a stronger signal, but this signal could be the start of a very bear momentum coming soon.
Let's see how the market unfolds tonight. :)
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