SPY BEARS ARE GAINING STRENGTH|SHORT

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Hello,Friends!

We are going short on the SPY with the target of 441.66 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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