SPDR S&P 500 ETF TRUST
Penjualan

SPY My Opinion! SELL!

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My dear friends,
Please, find my technical outlook for SPY below:
The price is coiling around a solid key level - 564.32
Bias - Bearish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 539.96
Safe Stop Loss - 577.94

About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK

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