SPDR S&P 500 ETF TRUST
Short

$SPY Trendline Precision

194
We're seeing huge put volume that continues to test the trendline resistance based on my previous SPY analysis and based on the timing of this post, we just saw a huge bump from that same trendline. QQQ also went red today and is fighting intraday support. Stay cautious as we could still move upwards in the near term, but I fully expect us to trend lower within the coming month(s).

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