downside pressure on SPY and QQQ in the short term

There is a downside pressure on SPY and QQQ in the short term. This may give us a buying opportunity soon. The price action look more like a counter trend to the medium term uptrend. But as always we have to wait and watch for the right moment to buy. Looking at the long term, we still have a sell signal on SPY.

When the long term is sell and short to medium term is giving a buying opportunity, we should commit only a certain percentage (say 40%) of our portfolio to the trade.