SPY - Red skies in the morning; sailors take warning Short

AMEX:SPY1W

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Dec 10, 2018 2:34 AM

Please enjoy, a little thrown together but I wanted to get this out there.

Comments

Princessgirl

⋅ Dec 10, 2018 4:03 AM

So you mention in the video your family is heavily invested in 401 K. Are you not worried for them?

PipMiesterStronger

⋅ Dec 10, 2018 4:12 AM

@Princessgirl, I am indeed worried for them. It's why I made a video for the first time.

Princessgirl

⋅ Dec 10, 2018 5:07 AM

@PipMiesterStronger, yah... I am so scared for them. Mostly for my mother... she is in her late 70s and still investing in stock or whatever. I am just trading the DIA right now, but the SPY moves similar to the DIA. I do think it will move up one more time before going down again.So I think it will move up this week. (But you make a valid point about waiting for confirmation if it hits a certain point that it may progress lower.) I will make sure I watch for that. Have a good week trading!!!