SPDR S&P 500 ETF (SPY) Is On a Bearish Territory With a Correction To Be Expected
The S&P 500 index recovered quickly after the crash in Marcg and has already updated historical peaks several times, but it is now under pressure from sellers.
SPY Trading Volume Is the Lowest Since Christmas Eve, S&P 500 Index Is Calm
Volume of the biggest ETF in the world has reached the lowest mark in the last 9 months.
The S&P 500 (SPX) and the US 10-Years Bond Yields Have Reached the Highest Correlation
According to the strategist, Scott Barlow, the S&P 500 index and the US 10-years bonds have reached the highest correlation ever.
The S&P 500 (SPX) Remained Almost Unchanged despite One of the Biggest Decline in America's GDP
According to the chief U.S. economist, America is facing the biggest decline in GDP for the last 50 years.
SPDR S&P 500 (SPY) Technical Analysis Indicates a Strong Buy Signal Before Publication of Earnings, an Expert Says
The S&P 500 index started a correction. Concurrently, publication of earnings is around the corner. Technical indicators began to demonstrate 'buy' signals.