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Technical analysis by Midgar- about Symbol SPYX: Sell recommendation (3/24/2025)

https://sahmeto.com/message/3689945
Midgar-
Midgar-
Rank: 7348
1.5
Sell،Technical،Midgar-

I don't do Intraday chart posts for various reasons however this chart is the most important watch of the year. Right now we are testing a very important triple top where heavy resistance is being printed in the pre-market. Several times bull have tried to break through with large one minute candles and being stiffly rejected. This is of extreme importance because the current formation on all indexes in a bear flag looking for continuation to the 5400 level. If rejection sets in, short to the 5400 and then go neutral for a week and re-asses.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$5,718.08
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