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shkspr
Apr 15, 2024 6:07 PM

SPY | SHORT Short

SPDR S&P 500 ETF TRUSTArca

Description

AMEX:SPY

Possible Scenario: SHORT
Evidence: Price Action, Macro Economy
TP1: 497$

It has fallen below the 50-day moving average (MA); the next support is at the 100-day MA at 490, and there is a gap at $497 that will likely be filled on the way down

Trade closed: target reached

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