SPY S&P500 etf Bearish Divergence

If you haven't already purchased SPY after the 2023 forecast: forecast:

then it's important to be aware that there's a significant bearish divergence in the RSI of SPY, the S&P 500 ETF, which initiated at $469.

Anticipating a technical retracement to $495, given its prolonged period of being overbought!

Trade ist aktiv:

SPY getting closer to our Price Target.

Trade geschlossen: Ziel wurde erreicht:

Price target perfectly reached today! Looking for a reversal soon.