SPY SENDS CLEAR BEARISH SIGNALS|SHORT

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Hello,Friends!

We are now examining the SPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 429.22 level.

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Nota
We are seeing a good move already so we will keep the trade running!
Bearish PatternsChart PatternsforecastForexSELLshortSPDR S&P 500 ETF (SPY) tecnhicalanalysistradingTrend AnalysisWave Analysis

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