While Institutional Money Managers are bullish Market Maker’s try to hide their actions using algorithms in high frequency trading systems. Their actions are very subtle, but the Relative Strength Index (RSI) formula reveals their plans in the SPY. Put in the right context, the RSI can show their plans for a decline. The following charts provide an illustration of what occurred in 2022 and 2024 – 2025. The current process started in August 2025 and appears it will continue until markets move lower.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.



