WDERUVE

Spy to 310 then a Reset

WDERUVE Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart pretty self explanatory.

Looking to run this wedge up to 310 before breaking downside. Settling in around 290
Comment:
Target hit. Starting to build short positions now. Not too much yet.. need some confirmation first. RSI over bought on 30min chart, and almost there on daily chart which hasnt happened in quite some time.. Could be in line for an aggressive sell off soon..
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.