$SPY Remained Short targeting 302-295 Bearish Pattern

٢٤ نوفمبر ٢٠١٩

RSI peaked with latest top then drop to levels of 60s expecting long red candle following recent candlesticks . after breaking up new record its turn to be bullish for next year but in order to go up during 2020 must pullback to at least level of 2950 to get strong support or to drop to 2850-2880 for better support then start new uptrend from there targeting 320 on longer term .

٢٤ نوفمبر ٢٠١٩

ملاحظة

SPY could re-visit recent top at 312.69 again then fade from there but on weeks view its remained bearish looking for correction .. Best trade to short it when became overbought on short time frames..

٣ ديسمبر ٢٠١٩

ملاحظة