SPY SHORT 06/08/2023

8 Haz 2023

SPY SHORT 06/08/2023

Currently below at supply zone.
AIming at nPOC 4271.2 Taking profit first at the equilibirum level at 4279.4

8 Haz 2023

Not

Based on the current market conditions, I anticipate a decline in the SPY market. The fact that we are presently below the supply zone suggests a potential decrease in prices. Furthermore, the formation of a bearish divergence reinforces my bearish outlook. Considering these indicators, I expect the market to move towards the equilibrium level at 4279.4, indicating a downward trend for the SPY.