SPDR S&P 500 ETF TRUST
Short
Updated

SPY Will Collapse! SELL!

708
snapshot


My dear friends,
Please, find my technical outlook for SPY below:
The instrument tests an important psychological level 607.93
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 596.16
Recommended Stop Loss - 614.42

About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Trade closed: target reached
The price has finally arrived to the destination!

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