SPY Buyers In Panic! SELL!

My dear subscribers,
My technical analysis for SPY is below:
The price is coiling around a solid key level - 494.29
Bias - Bearish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 482.90

About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK

Yorum:

Awesome idea and already in the money!