The stock market is currently in a correction, and SPY is showing signs of a bounce, but is it real, or just a counter-trend rally? In this video, I break down the SPY chart and explain one of the most important concepts traders need to understand: counter-trend rallies.
You’ll learn:
What a counter-trend rally actually is
Why these rallies trap traders
How SPY behaves during corrections
The key technical levels to watch right now
How to avoid getting caught on the wrong side
This is not just about today’s market, this is a concept that applies to every correction and bear market.
Video Length: 00:12:07
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