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S&P500(SPY) overbought in channel. Expect Correction. Sell!

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hello, Traders!
S&P500 is trading in a rising channel
Hovering below the resistance
I expect a correction to the support
Therefore I am currently bearish
Sell!

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Comments

Spy will fall, right?
Reply
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