$SPY: Three timeframe analysis, One Chart Pattern, Sentiment

📢!Hey there!
#Tariffs negative news drives bearish sentiment. Is it just mass media noise? And Mr. Market will continue up?
WHY?

Let's have a look at the charts:

1. 📈We are in a bullish trend on a weekly and monthly basis, meaning long-term and mid-term, yet in a bearish on a daily one, a ka short-term
2. 🤓The bullish Flag pattern has formed. Yeah, I know; how do you qualify it? For this theoretical exercise only visually, but for anything more serious, Bukowski starts, or you may want to run your own tests.
3. 🍒And the cherry on top: Bearish sentiment is significantly higher than the historical average, standing at 42.9% (2/5/2025) compared to 31.0%. On my side, it means that we might be in for a heavy short squeeze for a couple of days.👋Just observations, not advice

For now, enjoy Super Bowl Sunday! 🏈

Source of the screenshot: AAII Investor Sentiment Survey, aaii.com/sentimant-survey