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albertofuser

Short the S&P 500 for the next two weeks. Risk/Reward ratio 2:1

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
albertofuser Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis SPDR S&P 500 ETF (SPY) short-term sp500index sp500short S&P 500 (SPX500)
7
2
trendanalysis spy short-term sp500index sp500short spx500
Hi guys! This is my first idea that I'm sharing on this site! :)

Based on support and resistance of the past 10 months, short looks good with 2:1 ratio for the two weeks. Also, the RSI is around 75. Keep an eye Monday morning and decide what to do.

If you have different ideas, please share them with me :)

Thanks!
Trade closed: stop reached
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