We can see in SPY a flag pattern in the weekly chart , and now the price is going for his third touch with the bearish trendline in there we can expect a high chance of selling , So we will wait for the price to get there And also to the resistance box.
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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.