Xafada

Market's Top is real and Approaching

AMEX:SPY   SPDR S&P 500 ETF TRUST
6
There are more than one warning signs on the chart, and picture is worth more than million words. Upside projection of SPY is approaching tipping point and probably the top is near if not there now. Every strong trends needs some finishing hype and we need to see 200 sooner than letter. The new all time high media hype needs to take the price all the way to $204.50 area. Building short position now is much saver than remaining in complacency. There are lot of hidden numbers on this chart that may help u position what may become a good trade next few months. If u like it, follow us for more to come.

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.