Trader_97
Short

SPY SHORT TERM TRADE IDEA

AMEX:SPY   SPDR S&P 500 ETF
35 0 0
LOOK TO SHORT BELOW 203 AND PLACE STOPS AROUND 206.30 AREA WITH A TARGET OF 199-198 AREA IF WE CONTINUE TO BREAK LOWER FROM THERE EXTEND YOU TARGET TO 196 - 195.60, KEEP IN MIND WE HAVE ANOTHER SUPPORT AT 195.20 AREA. ABOVE 206.30 YOU MAY TRY AND GO LONG WITH STOPS JUST UNDER THE 206.30 LEVEL WITH A TARGET OF 208-210.40 , RESISTANCE LIES @ 210.70 & 212.80
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