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SPDR S&P 500 ETF TRUST
Short

SPY Resistance at 281, also overbought on the RSI

373
Watch for a correction in the S&P soon, as it is officially overbought and is about to hit resistance as it breaks the rising wedge.
mproger
Chart PatternscorrectionTechnical IndicatorsRelative Strength Index (RSI)reversalRising WedgeS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Support and ResistanceTrend 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 PatternscorrectionTechnical IndicatorsRelative Strength Index (RSI)reversalRising WedgeS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Support and ResistanceTrend Analysis
mproger

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.