AMEX:SPY - short then long, based on seasonality and current market geometry. Based on the last 10 years SPY rallies from 4/7 through 4/27 with 100% winning rate, that does not mean it will do it this time, but certainly a good probability rate. I would wait for a 3-5 days pull back before entering on the long side.
if there is any pullback towards 248, this is gonna drop to 230 and below
dougl1965
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do you have an indicator that gives you that info?
crasher
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@dougl1965, I use proprietary seasonal system, but I also have free indicator here that does for the last 5 years, search for "5x Period Cycle Seasonality"
WDERUVE
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There hasnt been a worldwide pandemic in the last 10 years like this one.. Not sure if that 100% winning rate will pan out here..