Get started
SPDR S&P 500 ETF TRUST
Short

I DON'T SPY

By EconRuminations
Updated
Looking for SPY to test 50% retracement from Covid lows to the highs. will be in the $360 - $350 range. Should support fail there, which I believe is likely, and then be confirmed by volume next target is $317. Ultimately I do not consider it out of the question a possibility of $247
Trade active
Still in this on the short side. Looks like we're having that battle at support so we will have to see what happens. Looking like $357 is a deciding line but my support will go to $350.
Trade active
Still on the short end and we opened up slamming to support at $350. If fails $325 - $317 is my guess before testing $300 even which I would suspect would give a bounce if one does not come sooner.
Note
STOP HIT
Note
Back in position!
chartingChart PatternscrashTechnical IndicatorsinvestingshortS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Technical AnalysistradingTrend Analysis
EconRuminations
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.