SPY Shorting Opportunity off of Historical Resistance Levels

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Based on an analysis of daily, weekly charts, traders should look for SPY to hold resistance and drop to an expected price target of 420-425ish.

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ملاحظة

If one is expecting to gain 30 points, a stop loss of 10 points in the opposite direction would be appropriate. That said, my personal stop loss is at a 2% loss level which for my position size is 464.