SPY: We Were Waiting For This

Posted on by http://wealthcreation.club
We Have Been Waiting For This: Friday’s Trading session for $SPY exhibited a notable bearish trend, as evidenced by the price action in relation to the 8/21 EMA cloud. The fact that not a single 5-minute candle closed above the cloud throughout the entire session is a strong indication of persistent selling pressure and overall bearish sentiment

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#SPY #BearishTrend #MarketAnalysis #TradingSession
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