MoneyPatterns

SPY – Correction Incoming

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Details
Weekly view shows price touching 10WeekMA.
Price cross below 10Week should confirm downtrend correction.
Gaps to fill down to $294
Stop $325
Target $300

Opinion – Coronavirus will increase and so will the bearish sentiment.

Money Patterns member alerts for this trade had 40%+ next day returns.

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