johnston151

Spy short term short into supply?

johnston151 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
possibility of retracement to .50 Fib 392~390 for supply/pull back to continue uptrend to 200SMA at 433~ small rejection into testing 413 twice, breaking lower into 50SMA and test the 100SMA marked as a supply zone unless it breaks beyond that it still respects the fib plot.
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P.s. I'm looking for a short into the 420/425 area, but I will play this upside as I can, as I have been for now, Even better if we reject from the 200SMA on the daily
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Ranged 408 to 412 back and forth

Both sides trying to break below lead to a form of rejection, Curious if we start breaking lower tomorrow, Looked like a liquidity sell around 9am, and it got bought back the wick down didnt make the volume follow it seems
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410 demand today broke into 415 seeing if we push into daily 200EMA 417.61
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initial idea to short invalidated yesterday, tried 420p for 1.00 close 1.30 short trap.
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Update, 425 definitely rejected today lol
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390 bounce, pitchfork expansion to 440-450-460? Insanity
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oops cpi
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