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S&P 500 Index
Short

Channel trade idea: break of 2901 -> 2775.

135
On this 4 hour chart, we can see that if we break 2901, we can see that we'll be headed back down to the bottom of the channel. This line is at 2775. Also, the MACD is turning over.

Stop loss: 2910
Take profits around 2790.
Petrichor_
Bearish PatternsChart PatternsTechnical IndicatorsSPDR S&P 500 ETF (SPY) spyshortswingtradeTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bearish PatternsChart PatternsTechnical IndicatorsSPDR S&P 500 ETF (SPY) spyshortswingtradeTrend Analysis
Petrichor_

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.