SPY - 1H MOVING IN CHANNEL LINE- SHORT INTEREST

- Realizing the channel line will help you narrow your trade plan into one or two signal to go long or short.

- With the current rising channel line, short sellers will be showing up at any time and out of nowhere.

- At this price level, the R:R ratio is not in the favor of the bulls anymore, that means it's time to go short with a tight stop loss.


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