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SPY BEST PLACE TO SELL FROM|SHORT

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
EliteTradingSignals  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Wave Analysis SPDR S&P 500 ETF (SPY) short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis spy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

SPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 397.81 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the SPY pair.

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