SPY will continue to fall becasue history says so (short)
On the daily chart there is a clear double top forming. I believe that SPY will continue to fall if of course it does not become bullish soon because of possible good news from the trading war between the US and China. Also, as we know history tends to repeat itself in the market. More often than not when SPY makes a record high it tends to get corrected dramatically. I do not have these record highs on the chart above but take a look yourself and you'll find the information to be correct.
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