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Blindside783
Nov 2, 2021 6:06 PM

Bull Trap 

SPDR S&P 500 ETF TRUSTArca

Description

SPY is closing in on trending reversal. This is the indicator to sell now before you get trapped with the FED news coming out next week.
Comments
Princessgirl
Doesn't the FED news come out tomorrow?
atlantajake
@Princessgirl, Yes, you're right. They are expected to start unwinding their bond purchases. Possible rate hikes?
christianmartin4746
@Princessgirl, was thinking the same
moneysignSean
what am I looking at
MarlosClock
Really bad short, not surprised
poister198
Not sure how it is a technical indicator of bulltrap, still an uptrend?
Drootweek
90%+ bearish on here for the past 3 weeks and you are all wrong constantly, the taper is priced in, this will hit 464 before any drop or sideways action. Eventually some of you bears will be right, but how much have you lost trying to time it.
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