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SPDR S&P 500 ETF TRUST
Short

SPY Humpty Dumpty

By afurs1
Updated
This trade is related to the DXY fluctuating as the dollar has been dropping.

SPY is approaching some heavy resistance, we may have a potential for a breakout.

However it likely wont be long lasting...
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FED Speech resulted in a huge pop wow
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Trend lines being respected
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huge pump from CPI into huge resistance. Doesnt seem like we were able to break that region yet...
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Potential to look for shorts as markets blasting into critical levels
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approaching critical zone, if we blast through this trade idea is INVALID for now..
Trade active
Short from 460 zone, targets 450, then 440, then 430.
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short targets hit perfectly, 433 was the low.
Chart PatternsDXYshortsp500indexSPDR S&P 500 ETF (SPY) StocksTrend Analysis
afurs1

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