How This is Propped Up

Posted by Joe Duffy | Apr 10, 2026 | Joe Duffy's Trading Advantage | 0 |

Things are far from settled in the geopolitical context, and arguably may be worse. This is not a backdrop for fresh longs. The opposite actually I think.

If anything, shorts are well squeezed and it looks to me like the downside is once again the way I would bet. Take a look at the SPY weekly chart attached. One does not need to be a CFA to scratch one’s head that there seems to be a disconnect between price and world events.

Thanks,

Joe

PS-Recently I opened up a new program that I have been working on for the past few years. At a key point, I tweaked the formula and this thing has been absolutely on fire. If you want to see the trades it is kicking out, click here.

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Joe Duffy

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