SPY Analysis

Price has been on a long bull run so its about time for a pullback. Price made a big move to the downside but is still in an overall uptrend. Although I know price is still in an uptrend I am looking to go short on SPY if it pulls up into my sell zone before reaching one of my buy zones. I am also not going to just buy SPY at those zones just because price comes into them. I will wait for price to show strong signs of a continuation in the uptrend.

Hope this helps you in the coming weeks!

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