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SPDR S&P 500 ETF TRUST
Short
Updated

Market Exhaustion

107
The market has ran up this past week after it bounce. Now volume is running dry and it ran into heavy resistance. it also broke the trend line (yellow line) up top. We want to see price CLOSE below the light blue neck line before we enter a short position to fill the gap at 203.85.
Trade closed: target reached
Target successfully hit just before the rally.
YusufS
AAPLBABABearish PatternsbearkmarketdaytradeEURUSDHarmonic PatternsideasmarketNFLXshortspreadSPDR S&P 500 ETF (SPY) Stocksswingtrade

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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.
AAPLBABABearish PatternsbearkmarketdaytradeEURUSDHarmonic PatternsideasmarketNFLXshortspreadSPDR S&P 500 ETF (SPY) Stocksswingtrade
YusufS

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.