@Barcode:$SPDR S&P 500 ETF Trust(SPY)$ 📉⚡🚨 SPY at the Precipice: Will the Falling Wedge Ignite a Reversal or Accelerate the Decline? 🚨⚡📉 SPDR S&P 500 ETF Trust ($SPY): Navigating the Falling Wedge Amid Macroeconomic Turbulence ~ 07Apr25 NZ 🇳🇿time The SPDR S&P 500 ETF Trust ($SPY), a cornerstone exchange traded fund mirroring the S&P 500 index, serves as a critical barometer for U.S. equity markets. Recently, I’ve observed that $SPY has entered a pronounced downtrend, prompting rigorous debate among investors, does the current technical formation signal an imminent reversal, or is it a precursor to further declines? A falling wedge pattern on the 4 hour chart offers a glimmer of bullish potential, yet I believe this must be weighed again

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