ETF Trends, Patterns and Setups – SPY Becomes Oversold, Copper ETFs Return to Breakout Zones, IBB Sets Up with Wedge (Premium)
Stocks were hit with a double whammy the last three trading days: the Omicron plunge on Black Friday and the Powell plunge on Tuesday. These, at least, seem to be the reasons given in the financial media. SPY fell 2.2% on Friday, rebounded somewhat on Monday and then fell 2% on Tuesday