TradingView
Traders-Club
Jan 18, 2023 8:36 PM

SPY - Bearish momentum Short

US 500Capital.com

Description

SPY rejected resistance at 4000 by forming big red candle. SPY is likely to go lower to test supports at 3926(fibo 0.38), 3900(fibo 0.50) and 3877(fibo 0.618).
The resistance levels: 4000; 4090

Good luck! Good trading!

D1
Comments
TradingBrokersView
Thanks for sharing this idea! Nice description with good technical analysis.
Traders-Club
Spopobichi
Nice work, thanks!
Traders-Club
What do you think?
More