AMEX:SPY   SPDR S&P 500 ETF TRUST
- Bearish butterfly harmonic pattern formed
- Death Cross as the 200-Day SMA crossed below the 50-Day SMA
- Price action was being driven by volume as pictured on the RSI
- RSI was hovering in overbought territory accompanied by some slight hidden bearish divergence (Not Pictured)


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.