Bearish
$SPY back in years of 2000 and 2008 we had two bull trap rallies that mimicked a v-shape recovery. After the rallies it led to a ton of selling pressure during the past two recessions. The levels are 2600 and 2700 in the S&P are where we could see the reversal down to 2000 or even 1800. More selling is in the forecast.
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