yongmoon
Short

SPY short

AMEX:SPY   SPDR S&P 500 ETF
276 6 2
8 months ago
massive doji on daily, sign of volatility returning which would mean likely down, especially after ECB announcement and ahead of FOMC , I predict rate hike.
8 months ago
Comment: Well today's move was interesting, SPX breaking trend line resistance, so SPY followed.
right now, I would just wait for FOMC, I don't know how markets will act before then. Markets now are temporarily stabilized, (Dow above 17000) so this gives Fed reason for rate hike and it would follow the plan they announced in December, even though the markets are still discounting 0% of rate hike. I don't think the markets and the Fed are on the same page.
8 months ago
Comment: If they hike, it could lead to very rapid readjusting of prices, but no guarantees.
charles.awde
8 months ago
also its hitting the 200 dma
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yongmoon charles.awde
8 months ago
yes, you in some puts?
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charles.awde
8 months ago
I have puts across the board. not in $spy specifically.
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yongmoon
7 months ago
https://s3.amazonaws.com/tradingview/y/YWdKLFbg_171_121.png
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yongmoon
7 months ago
High likelyhood of decline from here
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yongmoon yongmoon
7 months ago
Spy short
Reply
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