Market Timing And LevelsLevel

SPY false break above 200 SMA then selloff to 600

April 4, 2026Mike Investing

A detailed playbook calls for a near term SPY move above the 200 day moving average as a bull trap, followed by a final selloff toward a prior all time high retest area, reflecting tactical risk management around war driven volatility.

This is your official playbook for the S&P 500 over these next 3 months…
Next week $SPY will see a false break above the 200SMA at $662 concluding the “dead cat” bounce, & begin its final selloff cycle.
Late April/Early May, $SPY bottoms near $600 marking a prior ATH retest.
Mike Investing
SPY200 SMAbearish

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