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SPDR S&P 500 ETF TRUST
Short
Updated

SPY | SHORT

180
SPY

Possible Scenario: SHORT
Evidence: Price Action, Macro Economy
TP1: 497$

It has fallen below the 50-day moving average (MA); the next support is at the 100-day MA at 490, and there is a gap at $497 that will likely be filled on the way down
Trade closed: target reached
shkspr
no pain, no gain
Unveiling illusions, revealing wealth
Also on:
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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.
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
shkspr
no pain, no gain
Unveiling illusions, revealing wealth
Also on:

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.