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shaggad
Mar 15, 2019 8:08 AM

SPY Market Maker Stop Loss Hunt Will Begin Soon. Short time. Short

AMEX:SPY1D
SPDR S&P 500 ETF TRUSTArca

Description

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The market has been roaring up since the december lows.

We are nearing huge resistance around $280's.

I believe we will surpass resistance only to come back down again and crash.

If you like the analysis, please like and comment.

Buy long term shorts around $284-$286 SPY.

-Shaggad

Comment

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Shorts are in nice profits, this chart is as accurate as you get!
Trend AnalysisChart PatternsTechnical IndicatorsSPDR S&P 500 ETF (SPY) sandp500S&P 500 (SPX500)SPX (S&P 500 Index)
Comments
vergun
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Thumbs up.
shaggad
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@vergun, thank you for your comment, its very much appreciated!
mnanan888
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Good early catch on this.I like how you predict a pullback before just saying to short now.Pretty confluent zone with good RR! Thanks for this!
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