EliteTradingSignals

SPY SELLERS WILL DOMINATE THE MARKET|SHORT

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hello,Friends!

Bearish trend on SPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 416.31.

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