It is a day of stop the bleeding. 9/25/2023

It is a day of stop the bleeding. The major indexes were relatively quiet with the 10-year Treasury yield soaring.

Partially Bullish Engulfing pattern of SPY may suggest the down-move is reversing, however the volume is light. So too soon to tell the direction yet, but it is the Day 1 of rally attempted.

Maybe need another one or two days to form a potential new base around SPY 431.  Good luck

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