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SPDR S&P 500 ETF TRUST
Short
Updated

From this view, the S&P has much more room on the downside.

359
SPY

All of our indicators are showing longer term bearishness and not by just a little bit... I'm thinking more pain to come. Hold on to your seats.
Note
We rejected off the critical confluent resistance levels after trying to gap above. Not a good sign.
jakelikesstocks
Also on:
Bearish PatternsBeyond Technical AnalysisTechnical IndicatorsIndicesmarketalphaputsQQQshortSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend 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.
Bearish PatternsBeyond Technical AnalysisTechnical IndicatorsIndicesmarketalphaputsQQQshortSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
jakelikesstocks
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.