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SPDR S&P 500 ETF TRUST
Short

You Already Know What This Means...

90
If you have been following this channel for some time you know how important this divergence is.

Add the fact that demand is used up, expect it to be removed over the next few weeks.

  • Volume decreasing, price increasing = Bearish
  • No new demand being created and previous demand is used up.
  • Negative fundamental news for the U.S with biden/afghanistan, audits on the way, calls for resignation, basic FUD etc


Short Bias for now.
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Chart PatternsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshortStocksstocktradingTrend 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 PatternsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshortStocksstocktradingTrend Analysis
NinjaTradingServices

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.