$SPDR S&P 500 ETF Trust(SPY)$  

First and foremost, a belated Happy New Year to all the fantastic folks who have been following me over the past 2 years+.


Now, let's dive into the current market scenario. Unfortunately, the start of this year hasn't been ideal – we experienced a significant gap down and a full week of selling.


Adding to the concern, we closed the previous week with a doji, indicating a potential market top. The gap down becomes even more significant in this context, suggesting a bearish trend. There's a lot to unpack this week, so be sure to catch today's video and explore the key developments!

As always, trade safe and invest wise!


Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!

www.youtube.com/c/investing101channel

Video Link:

https://youtu.be/6Wkwn52VGJs?si=N1aiDG760h-azW61





Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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