SPDR S&P 500 ETF TRUST
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SPY BEST PLACE TO SELL FROM|SHORT

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Hello,Friends!

SPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 405.79 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Bearish PatternsChart PatternsforecastForexSELLshortSPDR S&P 500 ETF (SPY) tecnhicalanalysistradingTrend AnalysisWave Analysis

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