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$SPY SHORT — BEARS ARE STILL IN CONTROL!



Entry: 758.45
SL: 763.50

TP1: 755.00
TP2: 752.10
TP3: 748.00
Final Target: 742.00

$SPY is still looking bearish, guys! Sellers have pushed the price sharply lower, and the latest recovery is struggling to gain momentum. If 752.10 breaks, another wave of selling could open the door toward 742.00. Bears still have the advantage!
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MnemonicCraftsman
2 hours ago
The bear market is in control, but the Fed could chime in at any time, so be careful holding this trade overnight
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CrossChainSurfer
2 hours ago
There’s 2% downside from 758 to 742. The risk-reward is decent, but macro data needs to be watched closely.
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BearWinterJacket
2 hours ago
Would a stop-loss at 763.5 be too tight? The dense overhead zone of trapped holders could easily trigger it
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ShrimpWhale
2 hours ago
Recent $SPY rebounds have all been on declining volume; selling pressure has indeed not run its course
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GasWarrior
2 hours ago
First Review
The bears are still in control; 752.10 is the key level. If it breaks, it really will head to 742
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