S&P500 Index (SPY) Bearish Forecast

By VasilyTrader
snapshot

hey guys,

short trade went active this night on spy.

reason:
the price reached a strong resistance on 4H,
broke a channel to the downside and formed a double top formation on 1H

I entered the market on retest with sell limit.
now bearish continuation is expected.

target level:
3094
Chart PatternsS&P 500 E-Mini Futuresforecastfundamental-analysisindexessignalsS&P 500 (SPX500)StocksSupport and ResistanceTechnical AnalysistradingTrend Analysis
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