SPDR S&P 500 ETF TRUST

SPY ,DOWNTREND IS POSSIBLE

356
HI TRADERS
As you can see in chart, SPY make a new top again and again and and going up and up .this is clear
The point that i want to talk about is RSI which is opposite of price movement and can not break the high and make a lower high .i indicate both of them with yellow line .
It is a bearish divergence that can be start of a downtrend for SPY .
Be careful and WEAR MASK.
Good Luck and Good Profit

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.