S&P Target Released: Markets Collapsing Breaking Master Support.
I warned of this over the last two weeks. The S&P 500 ($SPY) had a picture perfect bear flag pattern formation on the daily stock chart. Sure enough, the break down has begun. The S&P tracking ETF $SPY will likely continue to collapse to key supports at $206.75 and then $200.00. The $206.75 level is the daily 200 moving average while the $200 level is a double bottom. I am short many stocks and long volatility, making tons of money. Congrats to members who opted-into all these trades and are profiting with me.
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Sign up for free to Verified Investing to gain access to live trades from 1000s of Pro Traders. Get exact entry prices, stops and targets on each trade. Get alerts directly to your phone or email when the Pro exits the position. Verified Investing is an independent website that verifies every trade and compiles track records for each Pro Trader. This gives members precise performance stats so they can determine which trades to take from which Pro Traders. Verfied Investing is free to join, there is never a subscription fee. Instead, members simply reward a Pro Trader with a few Dollars when they get big winning trade information. Sign up today and profit from the Verified best Pro Traders in the world.