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MARKETLYTICAL

SPY SPX Short? S&P 500

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MARKETLYTICAL  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Technical Indicators Trend Analysis S&P 500 (SPX500) SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) sp500index spx500short spyshort
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chartpattern indicator trendanalysis spx500 spx spy sp500index spx500short spyshort
Quick look at the S&P500 SPY

Technical is working great on this one.
We are clearly in a rising wedge, unclosed gap, and RSI divergence. Many things are working against us.

Chart:
- Rising Wedge, will break into down side on a 1H
- Unclosed gap at $380
- RSI divergence and shows bearish trend.

Will we test $380?
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