Trading the "Trump collar"
The S&P500 is trapped in a fairly tight range, between 2830 and 2960, we are currently mid range.
Short-term traders can trade the range, while more longer term investors can wait for the break ….
Look to buy the SPY ETF near the 2930 bottom of the channel, or use the inverse ProShares Short S&P500 ETF (SH) to get short at the top of the channel (2950)
Short-term traders can trade the range, while more longer term investors can wait for the break ….
Look to buy the SPY ETF near the 2930 bottom of the channel, or use the inverse ProShares Short S&P500 ETF (SH) to get short at the top of the channel (2950)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.