Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Why the monthly looks bearish
SPDR S&P 500 ETF TRUST
Short
Why the monthly looks bearish
By loloptions
Follow
Follow
Feb 25, 2016
4
1
1
Feb 25, 2016
I'm bearish on the monthly unless we have a miracle on SPX500
We've had 5 bounces of this key support line, I view it like ice on a pond. Every rally after it is shorter lived and weaker since the 2nd bounce
If we retest this support area I think could be the final straw that breaks the ponds back
ES
es!
S&P 500 (SPX500)
SPDR S&P 500 ETF (SPY)
loloptions
Follow
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
.