SPY - My Current View Of The S&P 500 Index: May 2022 Edition May, 02 2022 05:20 PM SPDR S&P 500 All of the ETFs I follow lost money in April. I am reducing my exposure in SPY to 50%. All ETFs are below their 10-month moving averages which is bearish. For further details see: My Current View Of The S&P 500 Index: May 2022 Edition