stephen.punwasi
Long

Should you short the $SPY?

AMEX:SPY   SPDR S&P 500
110 0 1
The SPY             has been consolidating over the past few days, but technicals indicate it may push into new highs soon. Keep an eye out for rejection at 198.20, which might indicate a triple top and pending reversal, but any clearance would be a safe entry point to go long. Careful shorting on the rejection, since it could be a 0.5% gap fill.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out