WealthNode

SP500 - Risk to reverse downwards.

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
TBH I dont think this will hold, Could be confirmation bias but everything looks like it, Its a bullflag on the 15m above support but something tells me that we will drop. lower high on daily RSI aswell, Inflation stats next week.
Will we hold the decending trendline? How far will we correct?

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.