SPY- Potential reversal & key levels to watch (Update)
SPY looking pretty bearish here (See Previous Charts Below)- Some FIB levels and RSI-based supply and demand zones to keep an eye on-
- Bearish Butterfly Harmonic Pattern Formed
- Decreasing Volume on the 4 hour, daily, and weekly timeframe
- RSI in Overbought Territory
Previous Charts-
https://www.tradingview.com/i/WN0uJ4TR/
https://www.tradingview.com/i/f17iU8Xs
https://www.tradingview.com/i/Xa80n3Y1
- Bearish Butterfly Harmonic Pattern Formed
- Decreasing Volume on the 4 hour, daily, and weekly timeframe
- RSI in Overbought Territory
Previous Charts-
https://www.tradingview.com/i/WN0uJ4TR/
https://www.tradingview.com/i/f17iU8Xs
https://www.tradingview.com/i/Xa80n3Y1
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