SPY BEARISH BIAS RIGHT NOW| SHORT

Hello,Friends!

SPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 491.67 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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