S&P500 Index (SPY) Bearish Forecast

24 thg 6, 2020

hey guys,

short trade went active this night on spy.

reason:
the price reached a strong resistance on 4H,
broke a channel to the downside and formed a double top formation on 1H

I entered the market on retest with sell limit.
now bearish continuation is expected.

target level:
3094