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SPDR S&P 500 ETF TRUST
Short
Updated

SPY Fake Breakout

340
In January, SPY has attempted to breakout of downtrend and back into bull market territory. I don't believe this pump is sustainable because there is nothing good about the economy right now. The Feds still need to deflate the 6.5% inflation. When the MACD crosses below signal line you will begin to see the price of SPY tank.
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This is a great place to place your shorts. The stock market is about to crash once we close below 390
Trebor_Namor
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analysismarketSPDR S&P 500 ETF (SPY) StocksSupport and ResistanceTrend LinesVolume

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analysismarketSPDR S&P 500 ETF (SPY) StocksSupport and ResistanceTrend LinesVolume
Trebor_Namor
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.