SPDR S&P 500 ETF TRUST
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SPY Getting ready for reversal... @ $410

320
We reached the 406 price target with a new target now 410.
Expect a reversal at that point and take some profits...
Shorts would probably pay as the VIX closes the gap.
Nota
Plus RSI bearish divergence....
Nota
Target reached.
This somewhat parabolic moved deserves a cool-off before the next leg up.

Notice that the SPY is at the channel's edge and the QQQ is at a double top. Both reached there the same day.

Aviso legal

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