SPDR S&P 500 ETF TRUST
Short
Aggiornato

$SPY: Second Bearish Wave in Motion, $537 First, $512 Next

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https://www.tradingview.com/x/BjtbkFvx/
SPY, looking at the bear market that started in February, it looks today as if a 2nd bearish wave started. It will not be confirmed until $549 is broken, however Fib projections point to $537 as first stop, and eventually at $512 as 2nd stop.
Trade chiuso: obiettivo raggiunto
With SPY having reached target of $512, covered short hedging position and hoping this orderly crash does not morph into a true catastrophic rout 1987 style

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