crasher

$SPY - short, steep bearish channel

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY - short, full-fledged Bear Market, a break above the channel might trigger violent short covering rally, but the bears are here for a while

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.