SPDR S&P 500 ETF TRUST
Short

SPY – Correction Incoming

489
Chart Details
Weekly view shows price touching 10WeekMA.
Price cross below 10Week should confirm downtrend correction.
Gaps to fill down to $294
Stop $325
Target $300

Opinion – Coronavirus will increase and so will the bearish sentiment.

Money Patterns member alerts for this trade had 40%+ next day returns.

About Me
moneypatterns.com
Options Strategies, Video Technical Analysis, Instant Alerts, Specific Options Order Entry Details, Daily Updates, Equities & Crypto, Weekly Breakdowns, Charting Service, & More in Members Area!
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts and on moneypatterns.com

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.