FXPhantom

Go short SPY idea

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
spy
Yesterday we had a very narrow range. The lower open today breaks the trendline and if sell off continue, we might get evening star pattern on the daily chart. Obvious divergence also visible on momentum indicator which supports this idea. Initial target at support around 189, but looking forward to get to 188.

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