SPY - FINALLY SHORT! But don´t be so happy!
Hi traders,
we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down!
I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet.
So that´s probably my final target because the market has a tendency to went back to the fairest price.
I hope you can make profits during this difficult time.
Have good trading,
Jakub
FINEIGHT
we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down!
I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet.
So that´s probably my final target because the market has a tendency to went back to the fairest price.
I hope you can make profits during this difficult time.
Have good trading,
Jakub
FINEIGHT
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