Fida4u
Short

Spy is going to fall

AMEX:SPY   SPDR S&P 500 ETF TRUST
The Spy is approaching a crucial area. Given the technical setup and price action, im shorting here. The price is moving in an ascending wedge , with significant resistance overhead. The volume is dropping off, very typical of this chart structure, despite earnings being upon us. The 50 Ma is just above, and not to mention the .618 fib. Happy Trading
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out