MarketSwingPlayer
Short

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

AMEX:SPY   SPDR S&P 500
193 4 1
Short when price reach top of channel
Long when price touch bottom of channel
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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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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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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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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