SPY wanting to repeat history. BEAR MARKET TO RETURN 🐻

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SPDR S&P 500 ETF TRUST (AMEX:SPY)

AMEX:SPY SPDR S&P 500 ETF TRUST

Supply and Demand Candlestick Analysis Technical Indicators SPDR S&P 500 ETF (SPY) spyshort shortsetup shortsignal spyanalysis Technical Analysis bearmarket Bearish Patterns

supplyanddemand candlestick indicator spy spyshort shortsetup shortsignal spyanalysis technicalanalysis bearmarket bearish

SPY approaches supply from 2022. We have a solid rejection candle and have closed last week below the supply zone. Reversal is imminent - supported by heavy absorption of buyers at the ask on the cumulative delta volume chart.

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