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SPY Under Pressure! SELL!

Penjualan
SPDR S&P 500 ETF TRUST (BATS:SPY)  
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BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Wave Analysis shorts techincalanalysis profit signals trading Forex fx SPDR S&P 500 ETF (SPY) Contains image
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trendanalysis chartpattern waveanalysis shorts techincalanalysis profit signals trading forex fx spy containsimage
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My dear friends,
Please, find my technical outlook for SPY below:
The price is coiling around a solid key level - 473.65
Bias - Bearish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 452.88

About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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