MarketSwingPlayer
Short

Bull Trap Channel Instructions For Novice. Bears, Bulls, BTFD

AMEX:SPY   SPDR S&P 500 ETF
193 4 1
Short when price reach top of channel
Long when price touch bottom of channel
We are only looking for short opportunities only since the trend is down. If price break this channel aggressively down Price may be going lower.
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Looking for shorting opportunities only today. I don't trust this huge gap up. Institutional buying surge price then back down
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Wow, look like price exploded from the channel. Is the channel officially broken now. Need to wait and see. Neutral now with channel play
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I did short yesterday, not making more plays for now. wait and see. If broken can always find a new one. Cheers
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