Spy coming towards top of wedge pullback to 420 or 415 very soon
Looks like it's a bull trap to me. Top at 460 then free fall down to 420 for a reversal after to stay in long term channel. But short term definitely would rather buy puts on this right now. Long term buy the dip obviously market always recovers
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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.