BallsOfSteel32

SP500 Giant Bear Flag Daily Chart

Short
BallsOfSteel32 Updated   
PYTH:SPY   SPDR S&P 500 ETF TRUST
I dont normally post short ideas, but this one is just too obvious.

Giant bear flag that rejected off resistance and fell through support.

Target is the white line after the rejection.
Comment:
We have a break above trend, looking for a candle close above to possibly invalidate this idea.
Trade closed manually:
turned around quite strong. Idea invalidated
Comment:
new perspective as we must all adjust when things dont go the way we see it.

SP500 appears to have more room to rise

target is a major overhead resistance around the 4.567k! four five six seven!

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