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SPDR S&P 500 ETF TRUST
Short

$SPY this trendline we hit today has been a thorn for bulls

121
As you can see we have not broken this TL
In many months and we are all waiting with baited breath to see what happens. Selling calls looks like the play vs buying puts as it could hang out near here for a week or two before really pulling back.
bullishbearsdan
Also on:
Bearish PatternsresistenceSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend AnalysisTrend Lines

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.
Bearish PatternsresistenceSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend AnalysisTrend Lines
bullishbearsdan
Also on:

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.