tipere445
Short

No gift from Santa this year

AMEX:SPY   SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS
Good day folks,

Based on my monthly chart describing the H&S SPX is in, I am expecting another significant drop. (You can look at them for further info)

So basically, I am looking at 267.70 for my short entry (optimal, could be lower/higher) with a target of 252 to 255.

The target is also the low where I am expecting a reversal long, but I will post it later, in due time.

Thank you,
Trade closed: target reached: My target to initiate the trade was a complete miss, however we reached the box. I think there is more selling to come but it looks dangerous.
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