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alcsoft79
Mar 11, 2022 11:21 AM

SPY reached key level 

SPDR S&P 500 ETF TRUSTArca

Description

On Weekly time frame. IF this week or next week SPY closes under this key level, it will be creating double top. That's mean it will drop to 390. However it is consolidating in the reversal area of Harmonic shark. This week and next week is so critical to the market to decide who will win BULLs or BEARs!
STOCH is in the OVERSOLD area, it may indicate the end of pullback
Comments
alcsoft79
Target reached on May 16th!
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