IF AND ONLY IF buyers can't step in...
SPY 575 first bearish target
560 if we break the trendline at 575ish
555 after that
I'm going to watch how price reacts but my intraday bias is now bearish
Trade active
Ok 575 target hit in premarket today...that's all I'm really expected. The others only come if we break that trendline. I'm still gonna take friday off bc this is usually a chop feast. I'll prob take profit on my DIs puts today since they'll be ITM...best of luck today traders! Let the market come to you and FOLLOW THE VOLUME
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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.