SPY remains with a specified range

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Aug 29, 2019 1:15 AM

range:
$281.72-$294.15

Going long the lower end of the range and shorting the upper end of that range has been profitable for the past few trading weeks.

Comments

crackershell

⋅ Aug 29, 2019 7:48 AM

Completely agree, right now it is testing the resistance.

Shortmetina

⋅ Aug 30, 2019 3:47 AM

@crackershell, Yes it did. Tomorrow and next week should be telling. Tariffs set to go into effect 9.1. Let's see if we get that far.