$SPY looks very much like a short-term interim bottom at least.
October 17, 2022 - by Jeffrey Ramson
$SPY looks very much like a short-term interim bottom at least. Bullish divergences on all momentum indicators, and th below on that major reversal day last week looks like it will provide support for a while. Confirmation of course would require a breakout of the descending triangle pattern which is narrowing daily.
