There was no need to wait for the Negative cross.
Market tipped you off at the break below the 50 sma that it was going to happen.
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I wonder if the rebound comes at open or mid day… or maybe we don’t get a bounce til Monday. I’m thinking mid day tomorrow… fake out Friday
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So does it bounce back tomorrow or go lower ? I think it goes lower consider the Fed comments today
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We still have earnings from the FAANG stocks. I think we rebound back into the $440-445 range in the SPY before we make our next leg lower.
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Yeah when the market starts painting red like that blowing through the 50… it’s time to dip lol.