shkspr

SHORT | SPY | Correction is imminent be ready

Short
shkspr Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY
It looks bearish to me, maybe Monday 22th March and Tuesday 23 March, it hit 391,392. but I expect it hit my target area very soon.
I'll open short positions tomorrow at high price.
*be careful about Bull Trap set-up
TP1 ~ 381
TP2 ~ 372
Comment:
as I expected, the bull trap set-up worked very well and I opened short position as I mentioned yesterday, tomorrow we have a news at 12PM, and I expect it triggers the sell-off. my initial minor target is 3888
Comment:
so far so good, I had 42% gains on my PUTS, I expect a bounce up to 391- 392 tomorrow morning, and then it falls again, if it open by gap-down I'll close my PUTS, if it open by GAP UP, I'll hold and add to it.
Trade active:
follow the price action
Comment:
I closed my positions when it hit my target, and yesterday I opened a new short positions

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