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SPDR S&P 500 ETF TRUST
Short

SPY SPX Short? S&P 500

73
Quick look at the S&P500 SPY

Technical is working great on this one.
We are clearly in a rising wedge, unclosed gap, and RSI divergence. Many things are working against us.

Chart:
- Rising Wedge, will break into down side on a 1H
- Unclosed gap at $380
- RSI divergence and shows bearish trend.

Will we test $380?
MARKETLYTICAL
Also on:
Chart PatternsTechnical Indicatorssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) spyshortTrend 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 Indicatorssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) spyshortTrend Analysis
MARKETLYTICAL
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.