Short-term target for SPY

We are most likely on wave 5 of TD D-Wave.


Target at first red box.

Stop loss at 282


Good luck trading!

Comment:

Be cautious now since today seems like a strong reversal day

Comment:

First target reached.

Trailing stop loss for now until 259

Trade closed manually:

Stop loss hit

Trade closed manually:

Guys, if you are still in your short, I would highly recommend to be careful, if not try to close it, or at least reduce short exposure due to the candle today being very bullish imo.