Smarter_Trades

SPY Idea 8/15/21

Short
Smarter_Trades Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Looking to enter short on breakdown. I believe that we will soon see a correction.
Under 200EMA confirms
Comment:
MACD Divergence with Price
Showing higher Lows on MACD while Price continuing to go up.
Comment:
So far so good.
Comment:
Testing support line
Comment:
Perfect bounce off support... Channel continues to get smaller everyday.
Comment:
Retesting support
Comment:
broke down from support

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