JenRz

Next long entry SPY $428 tgt $444

Long
JenRz Updated   
BATS:SPY   SPDR S&P 500 ETF TRUST
Today is a swing high in the indexes. It's possible to short, of course, to the target low assuming we get there. Big news events make it a bit sketchy, but we've run a long way, baby.
I was pumped I had the exact hod on /ES.
The energy is primarily long, so just buy dips and watch my/your bigger targets, especially $444-445 in the next 10 (?) days. A month for higher targets.
There is a big date (11/12) I believe is about buying fyi, but I'm never sure till I see direction into the date. Even then it can be really hard if it's choppy, but something to be aware of.
Comment:
My reading this morning is suggesting a dive on SPY likely into tomorrow with a reversal/low also tomorrow, then you want to get long into November!
We'll see. Watch $426.
Comment:
Yeah, we're going lower, so this idea is wrong. Staying short should be good into early Nov. or so. Watch out for today going down more.

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