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Reallifetrading
Aug 26, 2016 9:09 PM

New Newsome Wager on SPY Short

SPDR S&P 500 ETF TRUSTArca

Description

Brought to you by your Stan J:

Just my notes
8/26/16 A lot of indecision. More bearishness though. Still expecting a small and healthy bearish pull back into Oct. I'll look to play it. Thinking an inside day candle for Monday. If we open below the low, some serious selling will come in.

Wager
New WAGER:
SPY trades down into $210 before 11/1/16
[I'll give the MoHawk apparently you all wanted] {No purple}

I will be long if /when we do pull lower. Looking to buy that bounce. 210.99 will suffice for wager.
Comments
ChrisMichaelss
I believe this is spot on. I was in and out of SPY past week and stayed out today due to debate and oil price action. This is pretty much how i expect it to flow also. After that it all depends on outcome of election. H+ T- Good Luck!
Reallifetrading
I appreciate your thoughts. Yup... we will see!! :-)
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