๐จ $SPY PRINTS CLASSIC DISTRIBUTION AT UPPER RESISTANCE AS MOMENTUM EXHAUSTS! ๐
Entry: 770.02 โก
Target: 764.50 ๐ฏ
Stop Loss: 772.50 โ ๏ธ
Smart money is showing clear signs of distribution near the local supply cap. ๐ Price has tapped into heavy upper resistance, but contracting volume reveals severe buyer exhaustion while the MACD prints a decisive bearish crossover.
With institutional order flow failing to sustain higher prices, a swift downside expansion toward lower liquidity pools is now favored. ๐ This tight risk profile offers an exceptional R:R layout for short positioning. ๐ฌ Are you positioning for this downside sweep or waiting for a structural reclaim? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SPY #ShortSetup #Bearish #TechnicalAnalysis #MarketStructure
๐ป ๐ฉธ
Entry: 770.02 โก
Target: 764.50 ๐ฏ
Stop Loss: 772.50 โ ๏ธ
Smart money is showing clear signs of distribution near the local supply cap. ๐ Price has tapped into heavy upper resistance, but contracting volume reveals severe buyer exhaustion while the MACD prints a decisive bearish crossover.
With institutional order flow failing to sustain higher prices, a swift downside expansion toward lower liquidity pools is now favored. ๐ This tight risk profile offers an exceptional R:R layout for short positioning. ๐ฌ Are you positioning for this downside sweep or waiting for a structural reclaim? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SPY #ShortSetup #Bearish #TechnicalAnalysis #MarketStructure
๐ป ๐ฉธ
