SHORT | SPY

SPY

Possible Scenario: SHORT
Evidence: Price Action
TP: 357$
This is the most completed SPY chart I have ever worked on; all the key levels are defined from yearly, monthly, and weekly charts to 30min. You can use it for swing or day trading.
I expect this price target for this week to form the engulfing monthly candle stick, and then in October, a strong Rally could happen.
*This is my idea and could be wrong 100%

Trade active:

so far so good

Trade closed: target reached:

Target reached the way I expected

Comment:

My target price was 357.28, and it closed at 357.19, I guess I passed, lol