$SPY short trade. Is the party coming to a halt ??
SPY is at Trendline support here! But there is also a bearish wedge forming ! If the price breaks the wedge to downside..
What's the trade here ? #RedDevilTrades
- Short SPY if 380-379 support breaks
- Cover 25% at 368-369 zone
- Cover 50% at 356-358 zone
- Cover rest at 328-330 zone.
For the market's sake & our 401Ks let's hope it doesn't come to 330. But we should trade the charts not
what we hope for.
What's the trade here ? #RedDevilTrades
- Short SPY if 380-379 support breaks
- Cover 25% at 368-369 zone
- Cover 50% at 356-358 zone
- Cover rest at 328-330 zone.
For the market's sake & our 401Ks let's hope it doesn't come to 330. But we should trade the charts not
what we hope for.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.