SPDR S&P 500 ETF TRUST
Short
Updated

SPY SHORT

240
5 waves counted inside of an ending diagonal. Powell can only prop this crap up for so long but its already in the cards.

*Notable bearish divergence on the RSI and big sell volume with a lack of buyers.
Note
first target of 430 was reached.. looking for a bounce here as this is a 50% retracement of the 5th wave.

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