SPY ??
SPY, long or short ? I believe SPY will go short for a limited time before price moves back up. Ascending wedge is in play and althogh SPY will go short, I don't think it will go below 3400. Resistance around 3580-3590. However there is a possibility that SPY will break both trend lines and make a massive move downward. If so wait, and go long once consolidation has set in.
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.