SPDR S&P 500 ETF TRUST
Short

Bear Flag Setup Appears

SPY has had a nice run from $320 area and an unconfirmed bear flag seems to have set up here as political reasons for the rally have become derailed. This seems like a good spot to go short with a fairly tight stop. Many the high flyers are trading down today so it seems some profit taking or potentially something bigger may be afoot.

Clause de non-responsabilité