SPY
Here is my overall thoughts and opinion on SPY. I think if it turns to the downside it can go revisit 240 and potentially lower to 200. The 200 area coincides with a prior degree wave 4 count which generally corrections tend to retrace to.
Started a short position Monday (maybe little early) but I start small and build to my risk comfort. Will see what happens...
Started a short position Monday (maybe little early) but I start small and build to my risk comfort. Will see what happens...
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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.