SPY regains but still in bearish zoneSPY bounces back after Friday sell off, still inside downward trend
comparing against 1h and 2h timeframe we see that ema remains below sma for both
This also holds true for RSI between 1 and 2h. RSI remains remains below sma
stock remains inside the downward trend after bounce back
SPY still shows signs of bearishness and more selling to come. Not looking like we are out of the woods yet.