Despite short term rally, looking to sell short SPY

Kort

SPDR S&P 500 ETF TRUST (AMEX:SPY)

Uppdaterad

AMEX:SPY SPDR S&P 500 ETF TRUST

trendanalysis chartpattern indicator trend short coronavirus spy sp500index continuation

Market is rallying as expected after such a bloodletting. I don't think the bottom is in yet. Heavy volume on todays doji candle could be a sign of further downside. If market breaks recent low, I will add more to my short position. Alternately, market could rally up into moving average resistance offering a better short entry. Be careful, there is extreme volatility and the news could change things on a dime. Be well

Trade stängt: Stopp nått:

Stopped after a day....went long after we broke highs april 6th.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.