S&P 500: What Kind Of Setup Is This? | Kay Kim

S&P 500 ETF (SPY) Market Analysis (65min Chart): Market gaped up in the morning but faded back down all day long. Is this a bad sign for the bulls? Is there any hope for them? Are the bears ready to bring it down even further?

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*DISCLAIMER: This information is for educational purposes and is not a investment recommendation nor to be representative of professional expertise, but to be used as a forum for opening discussions around trading. All examples and analysis used herein are for illustration purposes only, and of the personal opinions of the speaker. All examples and analysis are intended for these purposes and should not be considered as specific investment advice.

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