Sensei

Spy Bearish Setup

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Been anticipating this one for a few days now. SPY looks be bouncing off a important resistance level as well as the 100 day moving average, technical indicators are into overbought territory and todays candle completely encompasses the prior 3 days' trading range. 192 and 187 would be my targets for this move, conservatively.
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