SPY Technical Analysis Week of 7.13.20

Sentiment: Short term Bearish

Reasons

1, Strong Weekly Resistance at 317.59
2.Bearish Island Gap on Daily Chart
3. Doji Candlestick Pattern on Daily Chart
4. Bullish Channel Breakdown
5. Selling Volume Increase

analysiseveningislandreversalSTARtechnicalTrend Analysis

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