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SPDR S&P 500 ETF TRUST

SPY ES Bearish Gartley Setup

snapshot

If we look at the 5-6 Hour range we can see a bearish Gartley setup ready on SPY/ES. We might see SPY move up to 448ish before the pattern starts.
There appears to be a strong resistance at 448-449.

After wards we should see a move back down to 431 which is the 0.786 Fib Level. I'm new at technical analysis so if you see something different let me know.
partgenius
Bearish GartleyESHarmonic PatternsSPDR S&P 500 ETF (SPY) Wave Analysis
partgenius

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