SPY S&P500 etf Bearish Divergence

Updated
If you haven't already purchased SPY after the 2023 forecast: forecast:
SPY S&P 500 ETF 2023 Forecast. CPI Report Prediction


then it's important to be aware that there's a significant bearish divergence in the RSI of SPY, the S&P 500 ETF, which initiated at $469.

Anticipating a technical retracement to $495, given its prolonged period of being overbought!
Trade active
SPY getting closer to our Price Target.
Trade closed: target reached
Price target perfectly reached today! Looking for a reversal soon.
Trade closed: target reached
SPY All Time High!
buy-sell-signalbuysignalETFFundamental AnalysisindexTechnical Indicatorssp500indexSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) spyshortStocksTrend Analysis

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