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bigrediska
Mar 19, 2022 6:49 AM

SPY -the correction will end soon. Short

SPDR S&P 500 ETF TRUSTArca

Description

Here we see a consistent implementation of the Head and Shoulders patterns. At the moment, the next one is being formed. In addition, we see the intersection of MA50 and MA200. This means that institutional investors will not buy. I hope that MA200 and the upper border of the yellow trend will serve as a reliable barrier.
Comments
Jonniefriday206
Is not... Is heading to 450 to 460 range..
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