KeyTrade

Short SPY for a sharp correction (Week of Sep 25)

做空
KeyTrade 已更新   
AMEX:SPY   SPDR S&P 500 ETF TRUST
History repeats. In February, we had a low volume wide up green candle (Anomaly). The second day followed by a high volume small bar gap down red candle. This is a topping pattern.
Now we are in the same position. This past Friday closed as the exact same pattern, while in this wedge RSI is not rising corresponding to price. I will watch for a sharp breakdown of the wedge and potentially go to 2700 area for a big correction.

Keep in mind even though this happens, it is a huge buying opportunity. I am still targeting SPX to reach 3100-3200 by the end of the year.

I already started the short position at SPX500 2935 level and will add shorts when breakdown happens.
交易手动结束:
Bear flag breakdown but stopped mid way. I suspect spx going higher now.
交易开始:
reopened, we crashing
交易结束:到达目标
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。