SPDR S&P 500 ETF TRUST

Short

SHORT SPY PT:260.00 next 3-6 months

Updated

We have finally gone out of bounds on our apocalypse band. Last time we went out of bounds was the 2009 rally.

snapshot

See you near or below 260.00

Note

3.4% so far expecting rally to 280.31 then another leg down

Note

snapshot

Note

5% so far! 9 more dollars to go :)

Trade closed: target reached

snapshot

Expecting bounce 258.91 It's at it's mean reversion on the hourly scale. I Will be watching to see if this holds. This should provide good support. On the weekly scale

snapshot

it's 256.56. So lets watch and see if we bounce.

Also on:

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.