SPY MACD crossover

SPY is going down from here it seems.

Resistance from all time highs.

MACD crossover

It tested the longterm trendline yesterday.

Open 208,07

Stoploss 214

Target 200

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Trade stängt manuellt:

Closed the trade at 201,88 with a 6,19 / 3.07 % profit.

It can drop further, but not sure what the FED will do at their meeting regarding the interest rate so prefer to close it here.