Bears have pushed SPY below the weekly 12ema, a key checkmark for them
Another checkmark was initiating monthly consolidation on SMH
Bulls are looking for daily bounces but they firmly shoulder the burden of proof in the short term
We've got a wealth of free resources to help you master the art of trading. See how we can help at chartguys.com/discover-more
Wednesday, April 17, 2024 | Daily Market Video by The Chart Guys — Trading, Community, Daily Live Streams | Bears have pushed SPY below the weekly 12ema, a key checkmark for them
Another checkmark was initiating monthly consolidation on SMH
Bulls are looking for daily bounces but they firmly shoulder the burden of proof in the short term
We've got a wealth of free resources to help you master the art of trading. See how we can help at https://www.chartguys.com/discover-more
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