SPY is DEATH CROSS!

Michael Esther
04-15

$SPDR S&P 500 ETF Trust(SPY)$ at $540.

50SMA about to cross below 200SMA on DAILY chart.

This is DEATH CROSS. One of the biggest bear signals in technical analysis.

The last time this happened in March 2022 it lasted for 1 year to Feb 2023. The market was in a massive downtrend.

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