Ape
Short

Spy: Daily Outlook

BATS:SPY   SPDR S&P 500 ETF
365 4 1
Here is a more in depth view from my weekly outlook (link:https://www.tradingview.com/v/HsdhgRkW/. Today finished with a bearish candle. As long as we maintain below the blue downward trendline then we can see a fifth wave down to my target area around the 162-165 area.

Happy Trading
PERFECT ON THE MONEY
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Ape angrybear168
You sir said bottom was in, the following week another low was made. Yes target was missed, and no I'm not perfect, I do not know any trader that is. I placed my weekly put at 166.92, and closed at 163.5. Thus netting a 237% gain on my option. Thats a good week.
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YEP THAT BLUE TRENDLINE HELD NICELY INDEED
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Link to my Weekly chart
Spy Weekly Outlook: Bearish
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