SPDR S&P 500 ETF TRUST
Short

SPY NOT LOOKING GOOD WATCH THIS AREA

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🔸️Ticker Symbol: SPY🔸️Timeframe: 4 Hour🔸️Investment Strategy: Short

TECHNICAL ANALYSIS: SPY on the daily timeframe is suggesting we could see a further push to the downside. Money is currently flowing out of the market; we have a red sell signal illuminated and our middle band on the bottom dashboard is flashing red meaning bear market momentum. The first major level of support is around $390 followed by $380 if we stay in this bearish trading pattern. Thanks for following!


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