Short SPY of the Blue Trend line if Monthly Doji Materializes

We've seen SPY             reject the blue line three prior times on the monthly chart. Though the reject already happened on the weekly chart in early November. But, now, if S{Y closes below 208.50 on Monday, then the monthly candle is a doji . I'm more than willing to short it to hell (also known as 199 if 206 breaks).

Note I'm not telling you what to do, but I intend to buy 206 or 206.5 December monthly puts on Monday or Tuesday next week. Again, that's only me saying what I intend to do.

If the Doji materializes,its a short. Mind you, it may test the top of the line first, which is approximately 211.30. No matter what, the market should fall from these levels before EoY
Comment: Should say "off" trend line in the idea title.
Trade closed: target reached
This was an excellent call on your part
Zkalish kevinmick
Thanks. Just reading the chart.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out