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S&P 500 Index
Short

SPY: Looks Bearish

789
snapshot

hey traders,

though I have already shorted SPY following bearish gartley pattern.
for structure traders we now how a perfect confirmation.
the market has recently broken below the support line of a rising wedge
and rsi shows clear divergence.

I think that the recent gap well most likely close,
and then you can short the market.

T1 - 2940
T2 - 2880

Stop - 3040
VasilyTrader
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Chart PatternsS&P 500 E-Mini FuturesETFfuturesindexesTechnical IndicatorsoptionsspdrS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Technical AnalysisWave Analysis

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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.
Chart PatternsS&P 500 E-Mini FuturesETFfuturesindexesTechnical IndicatorsoptionsspdrS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Technical AnalysisWave Analysis
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.