SPY BEARISH BIAS RIGHT NOW| SHORT

Short

SPDR S&P 500 ETF TRUST (BATS:SPY)

Mis à jour

BATS:SPY SPDR S&P 500 ETF TRUST

trendanalysis chartpattern waveanalysis spy short sell trading bearish forex forecast tecnhicalanalysis containsimage

Hello,Friends!

SPY is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 523.11.

✅LIKE AND COMMENT MY IDEAS✅

Commentaire:

I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact

Idées en relation

about XAUUSD 1

about EURCHF 1

about AUDUSD 1

about NZDUSD 1

about GBPUSD 1

about XAGUSD 1

about EURUSD 1

about AUDJPY 1

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.