Alon_AOB

SPY 1-2-3 Pattern, AlphaOverBeta Technical Analysis

AMEX:SPY   SPDR S&P 500 ETF TRUST
Hello traders,
SPY Had just completed a 1-2-3 pattern confirming the 265 as the short term top.
Our technical analysis models predict a downtern next week re-testing the 220 lows,
There is mote than 50% that the low of the 220 will break marking the 200 as the next level to watch.
breaking the 220 level will trigger a strong short trigger for SPY and other weak stocks on AlphaOverBeta short watchlist available for our subscribers

Trade Smartly,
Alon, AlphaOverBeta

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