SPY BULLISH TILL FRIDAY - THEN SHORT
I'M NOT A PROFESSIONAL, THIS IS NOT TRADING ADVICE.
I think the market will remain bullish the rest of the week on this low volume. We are coming up on some heavy resistance around the 270 range and I think that is a good place to place shorts. That is where I will enter with a stop a bit higher. If it breaks this, then 281 retest of highs is a definite possibility.
I think the market will remain bullish the rest of the week on this low volume. We are coming up on some heavy resistance around the 270 range and I think that is a good place to place shorts. That is where I will enter with a stop a bit higher. If it breaks this, then 281 retest of highs is a definite possibility.
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