Called a 290 double top... now a 265 short

Short

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

Updated

AMEX:SPY SPDR S&P 500 ETF TRUST

Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) short shortsetup

trendanalysis chartpattern indicator spy spx500 short shortsetup

Everything points south.

- Broadening Wedge
- Divergence on Rsi + mfi and Sqz Mom
- STC crossdown
- RSI-EMA red
- SQZ momentum falling
- falling volume
- supertrend bearish

Confirmation:
- rsi below 50 & price below 280

Breakout above 295 would still make me go mega-bull.

Comment:

Looking for a double top at 290

Comment:

Called the double top on April 23rd. Called the drop after an ATH on Jan 2nd too.

Are we looking at the thrill/euphoria? S&P 500

Order cancelled:

RSI closed up and resistance broken

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