SPY shows early technical weakness with a bearish trend forming (10<20 MA, price<50 MA).
Bearish
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Christopher Uhl - OVTLYRPublished Sep 10 · 1 passage
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I can see a bearish trend starting on the SPY. The 10 is now under the 20. Price is now under the 50.
What this channel has said about $SPY
Christopher Uhl - OVTLYR has 2 calls on this stock; only the adjacent ones are shown.
2026-09-10BearishThis one
I can see a bearish trend starting on the SPY. The 10 is now under the 20. Price is now under the 50.
2026-09-02Bearish
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.
Quote at 10:30 ›