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justinsandell
Jan 17, 2021 10:46 AM

SPY Bearish Short

SPDR S&P 500 ETF TRUSTArca

Description

Be prepared for some selling. I am not a fortune teller - this market could easily pump back upwards. I do however want to warn everybody that this market is looking bearish right now for next week. Consider hedging against your long positions!

The momentum is bearish and we have little resistance on our way back down.

May you all have a blessed week and I wish you luck in your trades!
Comments
abigreen
you're saying it can drop or go up.
that's amazing and you're not wrong 😂
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