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devans105

Spy Short Opportunity

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
devans105 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) spyshort
5
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trendanalysis chartpattern indicator spy spyshort
Spy seems to be overbought and the MACD may be turning here. 3 bounces off of the 50 day moving average. Shorting out to May 15. Stop loss would be at 282.
Comment:
Trade is still open. I'm surprised we opened green. Let's watch what the price action tells us.
Comment:
Closing the position today if there's not a big move down in the final hour of trade
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