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Asymmetricalbets

IDEA FLOW: SPY Short

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Asymmetricalbets Uppdaterad   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Technical Indicators Trend Analysis
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chartpattern indicator trendanalysis
On Monday I am looking for a retest of the of SPY all time high. To take a short I am looking for a higher high and a weak close. The LBR Oscillator making lower high with negative momentum. And Volume Delta is already negative not confirming the new highs. Stop should be high of the day.
Kommentera:
Price didi not make a higher high today, which was my signal to get short. One day at a time lets see the price action tomorrow and see if SPY make another attempt to test the life-time high.
Kommentera:
I am turning more neutral now. Looks like SPY is building energy to go much higher.
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