For most part of the day it just felt there’s a lack of thrust as market struggled to grind higher, but it didn’t take much effort for the market to close sharply lower.
On the weekly, $SPY is the only indices left sitting on its 20-week MA. Have included $SPXS in my focus list.
Thanks for reading.
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10/12/2022 market diary & playbook
– a lack of thrust as market struggled to grind higher
– little effort for the market to close sharply lower
– $SPY is the only indices left sitting on its 20-week MA
– $SPXS in focus pic.twitter.com/LiPkjYAeyU— Jeff Sun, CFTe (@jeffsuntrading) December 10, 2022
