SPX500/SPY bear flag formation, ranging
SPX500 is ranging on the timeframe pretty nicely
The channel is very much present
On the daily timeframe, looks like we forming a bear flag (Price is going up, volume is decreasing on Daily = Bullish momentum slowing and bears coming)
The channel is very much present
On the daily timeframe, looks like we forming a bear flag (Price is going up, volume is decreasing on Daily = Bullish momentum slowing and bears coming)
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