Technical analysis by Hadi_karaali about Symbol SPYX: Sell recommendation (6/13/2024)

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. US500 Outstanding Manner. 📚 👉As we can see price is still overall bullish from a long- and medium-term perspective, trading inside this outer red rising channel making clean higher highs and higher lows, adding on from a medium-term price is trading inside the inner one in orange. 👉What we are waiting for, as the price will be trading more higher, to be approaching our upper massive zone, upper bound of the channel, acting as an over-bought zone, lining up with 5500 strong round number, then we will be looking for new shorts as a correction movement. Unless price managed to trade lower till our rising trendline, then we will be looking for new longs as a trend-following one. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!