baldy
Short

SPY is going to the moon. Not.

BATS:SPY   SPDR S&P 500 ETF
272 0 0
I know the bears has been having a hard time in the bull market like this when every sell off becomes a dip to buy. Whatsoever, it's so too late to turn bullish now on the SPY             . I'll stick to my system to at least waiting the price to complete the topping pattern in the SPY             .

161.8% 167.79 is very big resistance now, even though everybody is calling the sky is the limit for the SPY             , that's the sentiment I need to hear to go short. Even though I know that the market will take times in making big correction from this level, 167-168 is gonna be my level to add more short. I'll take risk if this goes to 170.07

Target: 162.67

I trade options so if this expired worthless I'll just sit and wait for halloween lol.
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