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ivanbrian9

SPY keep an eye on bearish divergence from MACD. RSI high

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
ivanbrian9  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Technical Indicators Chart Patterns
5
1
indicator chartpattern
SPY making more record highs. All looks good above $420, resistance is at $447. The MACD is giving a bearish divergence. It is not making new highs but the price is. Keep an eye on this next week and if RSI goes overbought as well it gives a stronger sell signal.
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