SPDR S&P 500 ETF TRUST
Short
Updated

SPY Bearish Cypher

290
The volatility in the markets can be absolutely devastating, especially for weak hands. I just saw an article about an over leveraged young trader taking his own life, please be careful everyone, and look out for each other. I see a bearish cypher has formed on the 15 min chart for SPY. Let's see how this, combined with J. Pow, influences prices tomorrow. I am still bearish on the market this week, but tomorrow will be a key decision time, if we break 311 then I will get out and re-analyze. Best of luck to all.
Trade active
this may actually be a bearish shark; I'm not too well versed in all of the different harmonics the general idea isn't changed though.
Note
the money printer went brrrr

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.