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AustinBarnard
Jun 9, 2020 5:29 PM

SPY short @ 1h supply zone Short

SPDR S&P 500 ETF TRUSTArca

Description

market is on fire right now. tech has been super strong - expecting entire market to retrace once it cools off. looks a bit overbought right now

Trade closed manually

Note: I'm a scalp/intraday trader and rarely hold positions over night. I mainly focus on entry and stop loss for these positions, and then manage the trade with trailing stops as im in it. I sold my puts near market close today (Tuesday 6/9) as I do not often hold options over night. Solid trade.
Comments
mrfueggo
Thanks for sharing this man. Instagram brought me here. Everything you share has opened my eyes and is very helpful. Thank you for all you the knowledge you share and clean charts. Buy low stay high!
AustinBarnard
@mrfueggo, love to hear that! Thanks man. It looks like this played out perfectly once market opens
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