With double top?
These are 2 Bearish signals.
I'm nervous about them being true and leading the spy to a significant sell off. If so hopefully its not big and rebounds quickly. I know soon enough it most likely needs to make a new low before being able to make a new higher high but I assumed that would be in early February like after apple earnings for example if that shoots the spy up to a top on feb 3rd and then reverse to make either a lower or higher low before a real big rally up to high highs.. as opposed to happening like now.
Anyone have any opinions?
These are 2 Bearish signals.
I'm nervous about them being true and leading the spy to a significant sell off. If so hopefully its not big and rebounds quickly. I know soon enough it most likely needs to make a new low before being able to make a new higher high but I assumed that would be in early February like after apple earnings for example if that shoots the spy up to a top on feb 3rd and then reverse to make either a lower or higher low before a real big rally up to high highs.. as opposed to happening like now.
Anyone have any opinions?