vietuser619

I would enter these kind of trades any day

Short
BATS:SPY   SPDR S&P 500 ETF TRUST
Here is my chart on the long term using price action on the daily chart as my cue.

These trades are long dated, but the risk to reward is quite massive.

From what I see, it likes to target liquidity and raid those stop losses. Currently, I am looking at a short entry with a limited stop loss to target lower recent lows. There are quite a bit of trades you can get with different targets.

It took a little refining of my old charts and more focused on a longer time perspective rather than trading the bounces in between.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.