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jason_nav

Looking for a put option here..

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
jason_nav Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY)
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trendanalysis chartpattern indicator spy
SPY looks primed to reject that resistance.
If you look left, previous rejections clear as day. Its a strong wall so this will be interesting.
Also looking at that trend line, I think I will wait to buy a put until that trend line breaks.. I believe we'll be here for a little closing in on that triangle.
Stay tuned!
Comment:
Triangle getting closer and. closer, beware.. possible breakout or breakdown.. I would wait till we have confirmation
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