SPDR S&P 500 ETF TRUST
Updated

SPY here I wait for and answer

118
This week looks to be ending as a inside week and so was last week. I need market to pick a side next week or expect more grinding slightly bullish chop.
Note
As the market test last weeks high and in less than 24 hours looks like it wants to test the last weeks bottom doesn't look very bullish to me.
Trade active
shorts where commenced yesterday when week low was violated. qqq and SPY puts
Note
snapshot important area to watch
Trade closed: target reached
Important area was a hot knife, so will be looking to exit this short on any level of strength over Fridays high

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.