SPY Buyers In Panic! SELL!
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My dear friends,
SPY looks like it will make a good move, and here are the details:
The market is trading on 511.77 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 502.19
Recommended Stop Loss - 517.26
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Note
Awesome idea and already in the money!
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