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SPDR S&P 500 ETF TRUST
Short

SPY 297.50 target

138
SPY to possibly breathe to 297.50 to rope in shorts (and squeeze bulls).

Green niner on both the daily and $ES.
The previous green niner on SPY allowed us to retrace ~5%- if this were to happen again it would place the SPY at 286- however I see this highly unlikely given the major psychological level at 300 and recent 200-day MA break.

Could be wrong of course, *not investment advice.

From there will look to go long.
sebthesniper
Chart PatternsSPDR S&P 500 ETF (SPY) spylongspyshortTrend Analysis

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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.
Chart PatternsSPDR S&P 500 ETF (SPY) spylongspyshortTrend Analysis
sebthesniper

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.