SPY SHORT
Updated
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.
*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.
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.