EliteTrader101
Long

Spy Short Squeeze

AMEX:SPY   SPDR S&P 500 ETF
29 0 2
A lot of weak hands selling at the top and it wouldn't take much to cascade all their stops to new highs. Got to trade with the trend until the end. The end of this up move is when all these early bears become buyers at the top and price quickly reverses back down.
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