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SPDR S&P 500 ETF TRUST
Long

Harmonic Trading the SPY

212
Since the margin crash back on August 24th the spy has slowly but surely worked it's way up to try and reverse this correction. It saved itself and bounced off the .764 fib level. I believe that the big rally and uptrend will continue until about 208 on the spy (which just happens to be a gap fill) The measure moved should be completed the next week.

I'm looking to get short around 208.

Please leave any comments or feedback.

Ryanhasoptions
measuredmoveSPDR S&P 500 ETF (SPY)

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measuredmoveSPDR S&P 500 ETF (SPY)
Ryanhasoptions

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.