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Riskitpaid

2% Seems To Be The Precursor... $SPY🕵🏾‍♂️

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Fundamental Analysis Beyond Technical Analysis SPDR S&P 500 ETF (SPY) spyshort overbought correctioncoming becareful
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trendanalysis fundamental beyondta spy spyshort overbought correctioncoming becareful
Since May 2021... the $SPY has had 5 (five) 2% dips that have corrected. During the last run up prior to this 18mo push, the $SPY dipped 3 times before taking the big dip. Granted the last move was a shorter time period, so I would think that the fact that it has more dips can be seen in correlation to its length. Prepare for a correction soon. In my head I'm thinking we can see a 5%-12% dip in the coming weeks... if not days... unless Uncle Sam continues to play this printing game things could get ugly for a lot of portfolios....
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