SPY Possible Double Top Reversal in Making

Short

SPDR S&P 500 ETF TRUST (AMEX:SPY)

Updated

AMEX:SPY SPDR S&P 500 ETF TRUST

This may be a double top. Bearish Divergence on RSI and MACD (also seen in weekly). Decreasing Volume . Confirmed if closes below 256, then target is 223.

Comment:

Now Island Reversal, giving confluence to possible double top

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