Don't get too bearish just yet
$S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$ In the SPX, though price is currently below the 5MA in both the daily & weekly charts (bearish), be aware that in the 4H chart price is pretty disconnected from its 5MA, meaning there might be an attempt to snap back up to it. Just my thoughts.
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