SPY The Target Is DOWN! SELL!

30 May 2023

My dear subscribers,
I analysed this chart on SPY, and concluded the following:
The asset is approaching an important pivot point 420.03
Bias - Bearish

Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 411.82

About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK