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SPDR S&P 500 ETF TRUST
Short

SPY bearish - pitchfork analysis

103
SPY reached double pitchfork resistance levels (2 different pitchfork lines intersecting close to the point where price reached), both on daily and weekly. RSI on weekly also reached a pitchfork resistance line. This gives a good probability that SPY will take a down turn soon.
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PitchforksSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) usmarketusmarkets

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PitchforksSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) usmarketusmarkets
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Join free discord.gg/wDTkRnS or t.me/TradersForecast
Also on:

Related publications

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.