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dbar093

SPY Short Term Reversal

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
dbar093  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) Doji QQQ Bearish Patterns
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trendanalysis chartpattern indicator spy doji qqq bearish
SPY, doji candle formed on the daily chart. A doji candle signals a reversal in direction for the specific stock/etf.
Also this could have formed what is known as a "double top" a double top is known as a bearish pattern in technical analysis. Also next week has a lot of earnings so expect some volatility in the market.
SPY seeing $449 is a possibility. After that we can see $447
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