Agent_of_Maat

SPY short it. Top is near.

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
It tried to turn around at the .618 and has maybe been stopped at 200 ema.

It could still reach up to top of channel or .718 but with decreasing probabilities.

Lower target would be median line for now approx. 255.

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.