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lonnobee
Jan 1, 2019 10:23 PM

SPY (audio and video - a look at action and chart analysis) Short

SPDR S&P 500 ETF TRUSTArca

Description

AMEX:SPY
Based on chart and price action I am short term bearish, looking at possible pullback from recent bounce. I have puts short term and am being as flexible as possible, ready to pivot as chart shows me otherwise. I'd love to get your feedback in the form of chart analysis of your own, or just your general thoughts on ideas into this week and start of new year.

This is just my opinion based on TA...not to be taken as financial advise of any kind.
Comments
veac55
Appreciate the video. If it falls to the downside, I'm seeing a fib retracement down to 244.68 which is near your trendline support
lonnobee
I am posting this focusing on Stocktwits followers, but looking for feedback, confirmation or counter-ideas from you Tradingview chartists as well. Happy New Year!!
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