SPDR S&P 500 ETF TRUST

Updated

SPY in the short-term

Watching for a possible harmonic pattern to complete. If it completes at 1.618 (397ish), then it might be a good short trade back to 391-390ish.

Note

Pattern has been invalidated. Bears in control.

snapshot

Note

Possible scenario...yikes!

snapshot

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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.