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EliteTradingSignals

SPY SENDS CLEAR BEARISH SIGNALS|SHORT

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SPDR S&P 500 ETF TRUST (BATS:SPY)  
EliteTradingSignals  
BATS: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!

Previous week’s green candle means that for us the SPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 487.03.

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