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SPDR S&P 500 ETF TRUST
Short

Sell Rip Short on S&P 500

296
The S&P 500 has sustained a powerful rally that made it reach above its 20 period upper Bollinger band. With it below its long term moving average, and it falling back below the upper band in this session, a 'Sell Rip' trade alert has been initiated on the broader market. Look for the 200 SMA to hold as resistance, and a target of at least below the current lower Bollinger band of around 2500
jwammo12
Software Engineer and FX, Options, Crypto Trader. Previously worked at large options market maker. If you like my scripts and would like to donate:
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Moving AveragesSupport and ResistanceVolatility

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.
Moving AveragesSupport and ResistanceVolatility
jwammo12
Software Engineer and FX, Options, Crypto Trader. Previously worked at large options market maker. If you like my scripts and would like to donate:
Bitcoin: 179ETrGo3FCVcnBV8i1uc4J8YHFRknYytz
Eth: 0x73d59A8214FD70053aF37E9700692e25de441245

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.