Short spy 10% drop incoming
Updated
Spy looks bearish.
Spy is trading in a channel.
It hit the top of the channel as well as a double top
price could not break the .618 retracement level.
there is a bearish divergence on the stoch 4hr
With a new inflation record and the fed thinking of faster rate hikes this could get nasty tomorrow.
i have spy puts puts and more puts
Goodluck everyone.
Bulls are gonna need it
Spy is trading in a channel.
It hit the top of the channel as well as a double top
price could not break the .618 retracement level.
there is a bearish divergence on the stoch 4hr
With a new inflation record and the fed thinking of faster rate hikes this could get nasty tomorrow.
i have spy puts puts and more puts
Goodluck everyone.
Bulls are gonna need it
Note
Holding next week should dropNote
What a play! I did not sell any positions.
Hold on guys its gonna drop ALOT more.
Trade active
spotted a head and shoulders also while charting today...
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