SPY BULLISH TILL FRIDAY - THEN SHORT
I'M NOT A PROFESSIONAL, THIS IS NOT TRADING ADVICE.
I think the market will remain bullish the rest of the week on this low volume. We are coming up on some heavy resistance around the 270 range and I think that is a good place to place shorts. That is where I will enter with a stop a bit higher. If it breaks this, then 281 retest of highs is a definite possibility.
I think the market will remain bullish the rest of the week on this low volume. We are coming up on some heavy resistance around the 270 range and I think that is a good place to place shorts. That is where I will enter with a stop a bit higher. If it breaks this, then 281 retest of highs is a definite possibility.
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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.
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.