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#Forecast #INDEXES S&P500 Index (SPY) Bearish Forecast hey gu | We Trade Stocks

#Forecast #INDEXES
S&P500 Index (SPY) Bearish Forecast

hey guys,

short trade went active this night on spy .

reason:
the price reached a strong resistance on 4H,
broke a channel to the downside and formed a double top formation on 1H

I entered the market on retest with sell limit.
now bearish continuation is expected.


target level:
3094

https://www.tradingview.com/chart/SPX500/NAhookai-S-P500-Index-SPY-Bearish-Forecast/