Rising wedge bearish and A/D divergence Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ May 6, 2020 6:43 AM

Rising wedge bearish.
Accum/Dist is diverging since April 21,

Could drop to 278ish and possible
further to 264ish levels.

ADP Nonfarm Employment (Apr)
news coming this morning.

Trend Analysis