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BlueDimeInvestment

SPY - Head & Shoulders - Strong sell 20% correction

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
BlueDimeInvestment  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) Contains image
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trendanalysis spy spx containsimage
RSI indicator showing that SPY is overbought on the Weekly and Monthly chart.

We see a strong correction in the markets due the Omicron Covid Variant due to lockdowns in Europe and other parts of the world. Economic damage is already irreversible.

For educational purposes only.
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