New sell signal on SPY; downward widening pattern means avoid buying SPY.
Bearish
“Energy Stocks are Going CRAZY - Is NOW the Time to Get In?”
Christopher Uhl - OVTLYRPublished Sep 2 · 1 passage
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However, keep in mind that the market trend is upward. We have a new sell signal on the SPY indicator. By the way, I told you last week that I wouldn't go near this market and now we have another sell signal on SPY.
We talked about the reason, which is that everything shows a downward widening and I can never touch this market.
What this channel has said about $SPY
Christopher Uhl - OVTLYR has 2 calls on this stock; only the adjacent ones are shown.
2026-09-10Bearish
I can see a bearish trend starting on the SPY. The 10 is now under the 20. Price is now under the 50.
Quote at 00:00 ›2026-09-02BearishThis one
However, keep in mind that the market trend is upward. We have a new sell signal on the SPY indicator. By the way, I told you last week that I wouldn't go near this market and now we have another sell signal on SPY. We talked about the reason, which is that everything shows a downward widening and I can never touch this market.