SPDR S&P 500 ETF TRUST
Short
Updated

$SPY Scenarios

I am seeing SPY in a bearish descending triangle. Price needs to break and hold either $445 (bullish) or $437 (bearish).

See chart provided for more information.
Note
Still bearish on SPY ... September is a terrible month for the SP500

Price targets are now at 50 SMA and 200 EMA on 2 Hour Chart ($442 area)

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