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Approaching Orbit

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500) S&P 500 E-Mini Futures VIX CBOE Volatility Index UVXY QQQ IWM DXY
21
25
trendanalysis chartpattern indicator spy spx spx500 es1! vix uvxy qqq iwm dxy
SPY monthly RSI is 76.75. Remember the RSI pattern we discussed recently? Look at the RSI from Jan 2019 to Feb 2020, and then look at the RSI from Feb 2020 to Jul 2021. That's an almost identical impulse wave. What comes next, if history is any indication, is a massive, unexpected, market crash. We'll have to wait and see how the wave plays out...

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