ChimbOt
Short

SPY SHORT

AMEX:SPY   SPDR S&P 500
320 16 11
Time for some fun!

No target , cover on the way down,
Comment: and shes off :D
Comment: We bounce here :D

Comment: Right to the middle line of the channel :D

just had to give u a +! cause i also had that upper resistance down trend line and also thought down ,
and the lower down trend line i am waiting to see if it supports or we go below
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Good call! I have some fun, following you. :D
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GREAT CALL. If you put more description in the trade setup, it could be a recommended chart. For now, it's a BULLSEYE in my book. Well done! Keep us updated.
+1 Reply
ChimbOt timwest
Thank you !
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I think you should close the short on Monday morning if you have time. There are strong support at 202.54. The possibility is high for retracement to 50%. Then it will make another leg down to the 187.50, creating a trading range.
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ChimbOt peterchung16
is there not a trading range already?
+1 Reply


wE Bounce here :D
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Didn't close my short :D
Its a Friday anyway, you're going to have retail mom and dads hearing the devastating news over the weekend via CNBC and call their broker immediately on Monday to sell.

It might go lower.
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ChimbOt LastBattle
True
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Trance-Man ChimbOt
Agree.
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