Bear Flag bumping into support line. Is this Resistance Level?

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

AMEX:SPY SPDR S&P 500 ETF TRUST

This trend is still unconfirmed but Fastly (FSLY) isn't the only tech stock overextended. Lets see how this shakes out. I'm short at 347.51 with a 1.5-point stop on SPY.

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