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shkspr

SHORT | SPY

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
shkspr Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) SPX (S&P 500 Index)
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trendanalysis chartpattern indicator spy spx500 spx
SPY

I expect bearish price action now.

Possible Scenario: SHORT
Evidence: Price Action, Money Flow, Fundamental analysis, Bearish Monthly Candlestick
TP1: 337$

*It's in oversold territory, but it doesn't mean a reversal, it can go lower, and RSI can stay in that area too.
*I expect it hits the 320$-330$ area in October, and then it hits 390$-400$ in December as the new year rally.
Comment:
this is a mid-term plan,
no pain, no gain
Unveiling illusions, revealing wealth

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