Hi traders,
we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down!
I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet.
So that´s probably my final target because the market has a tendency to went back to the fairest price.
I hope you can make profits during this difficult time.
Have good trading,
Jakub
FINEIGHT
we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down!
I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet.
So that´s probably my final target because the market has a tendency to went back to the fairest price.
I hope you can make profits during this difficult time.
Have good trading,
Jakub
FINEIGHT
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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.