UnknownUnicorn1694303

BULL TRAP - Don't get caught staying long.

AMEX:SPY   SPDR S&P 500 ETF TRUST
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12
Think fast and use tight limits and dump on the first sign of the turn..

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What time frame is this chart?
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BjornMansson gorillabeard
2h
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I trade models! My sentiment is bearish. till spy hits 263.50ish. I totally agree on your TA I have something similar.
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Hi, I would agree that any rally we get that falls short of a monthly close above 285, will ultimately be part of the bull trap. A rally this month that may even spill into the first half of June would perfectly set the stage for the carnage that's coming in that last half of June-August timeframe.
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This will turn fast, and start a fresh hard leg down.. Recommend shorting into the Yellow Box..
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