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SPDR S&P 500 ETF TRUST
Short

SPY likely to sell off

347
SPY has been rising on falling momentum. Price is forming an ending diagonal pattern.

Watch for a sharp selloff, most likely on Friday April 5.

A break below 280 will initiate further downside.
lienhard
Chart PatternsTechnical IndicatorsSPDR S&P 500 ETF (SPY) spyshortWave 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 IndicatorsSPDR S&P 500 ETF (SPY) spyshortWave Analysis
lienhard

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.