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SPY Under Pressure! SELL!

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SPDR S&P 500 ETF TRUST (BATS:SPY)  
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BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Wave Analysis shorts techincalanalysis profit trading signal Forex fx SPDR S&P 500 ETF (SPY) Contains image
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trendanalysis chartpattern waveanalysis shorts techincalanalysis profit trading signal forex fx spy containsimage
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My dear friends,
My technical analysis for SPY is below:
The market is trading on 511.28 pivot level.
Bias - Bearish

Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable V continuation.
Target - 507.15

About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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