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SPDR S&P 500 ETF TRUST
Short
May 8, 2020
SPY Reversal (3 Possibilities)
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3 Possible Outcomes on SPY
1. Resistance + H & S (Slanted Neckline) + Rising Wedge Reversal
Short Entry Target: 292.14
2. Resistance + Rising Wedge + Double Top Reversal
Short Entry Target: 296.09
3. Break Thru Supply Zone and continue Uptrend to 302.09 (Following Rising Wedge)
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Chart Patterns
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SPDR S&P 500 ETF (SPY)
Trend Analysis
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