NimbusTrader
Short

SPY Daily Analysis

AMEX:SPY   SPDR S&P 500 ETF TRUST
With regards, on the News of Increase Yield of the Treasury and bad earning announcement, institution trying to sell off that caused the price drop tremendously.

I would suggest we take Short Trades (short term) to find more potential entry. Never ever catch a falling knife.

Potential entry probably we can look into a smaller time frame (Example : 5M and 15M) to trade. Kindly set a more precise SL, or shift SL
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