logicless

SPY: Levels to watch out for

Short
logicless Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
I am looking out for these levels to hold, if SPY is not to crash to the bottom of the megaphone.
Trade closed: target reached:
Bounced right on top of the uppermost box.
1st Target reached. Closed the short. Will observe these levels to make a move.
Holding some long positions on individual stocks.

Comment:
Sorry not being able to update frequently.

2 bounces off the middle box. Then sold off. This is likely going to the lowest box. I will cover my shorts there and wait.
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