SHORT SPY or SPXS
Updated
There are multiple days of higher price but lower volume going on so far.
Also the situation is same with top stocks of SPY: AMZN, FB, AAPL and MSFT. Higher prices multiple days, with lower volume multiple days
Entry price: Short SPY >= 420
Stop loss: SPY > 422
Take Profit: SPY = 408 and 396 or whenever there is sign of volume improvement
Also the situation is same with top stocks of SPY: AMZN, FB, AAPL and MSFT. Higher prices multiple days, with lower volume multiple days
Entry price: Short SPY >= 420
Stop loss: SPY > 422
Take Profit: SPY = 408 and 396 or whenever there is sign of volume improvement
Comment
SPY still side way with very low volume and close at below 420Still not see any improvement on volume and momentum
My Opinion remain SHORT SPY
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