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SPDR S&P 500 ETF TRUST
Short

Head and Shoulder pattern on 15 min SPY

372
Clear head and shoulder pattern forming on SPY. With the semiconductor earnings on the cards this month, that could be the catalyst that fuels us to the next bear market.

Target 1: 244 by May 1
Target 2: 263 by May 10
Target 3: 218 by May 30

Timelines may vary but I'm assuming we will retrace every significant highs and lows.
quicksilver0311
Also on:
Chart PatternscrownpatternSPDR S&P 500 ETF (SPY) spyshortTrend Analysis

Disclaimer

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.
Chart PatternscrownpatternSPDR S&P 500 ETF (SPY) spyshortTrend Analysis
quicksilver0311
Also on:

Disclaimer

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.