$SPY quite a few negative news are popping up. This is generally an indication of big funds have shorted or getting short positions and want market to go down. 1. Russia war: cnbc.com/2022/01/12/russia-... 2. World bank slashing growth forecast for china: cnbc.com/2022/01/12/world-b... 3. Worldbank slashing global growth forecast: cnbc.com/2022/01/12/world-b... 4. US sets fresh record for covid cases: cnbc.com/2022/01/11/omicron... All these news coming in last few hours rings the bell.
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