MrCanada

Possible SPY reversal next week - 2hr chart

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
First HA Reversal signal in five sessions. Wait for second full HA Candle for confirmation. Stoch is also in overbought territory and heading down. Wait for red D line to cross 80 for confirmation. Put your stop at previous high around $206.

Be cautious as Daily chart is still showing up trend. Weekly chart is showing possible reversal.
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