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WinnerTrader99

$SPY Identical Top Bearish candlesticks pattern

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
WinnerTrader99 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators
11
10
trendanalysis chartpattern indicator
Hangman candle at top of bull wave suggest opening lower on Monday followed by pullback to 400-402 levels. Highest MFI reading!! more likely will re-test that red channel. if breaks it down then more likely to see 10-15% correction which will lead to 395-385-373 levels but market showing soo strong signals and may be this current bull wave last to Oct or Sep but with extra caution for hard correction!! . the best scenario is to pullback to adjust indicators and make new support above 400 then continue up targeting 430-460 but lets see!!
Trade active:
Opened lower and closed red candle
snapshot
Trade active:
Prefect
snapshot

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$SPY Short below 414 Targeting 390
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