Myst_Trader

SPY update after FED

做空
AMEX:SPY   SPDR S&P 500 ETF TRUST
Let's not get into the details of the decisions at FED.

Technically, we are staying above the 50 EMA, near the channel's upper border.

What do I expect?
I expect a pullback.

What can we do?

I will wait for a pullback to the middle of the channel.

Short term we are bearish, long term it looks like we are slowly becoming bullish.

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