AMEX:SPY   SPDR S&P 500 ETF TRUST
3
I have taken a small long position @Friday's close, hedging 50% until further bounce confirmation is determined. I would not be surprised to see price go a bit further down, but as long as the bear momentum is slowing I will add moderately to my position. Technical Notes on chart. Also Important to note that we are building bull divergence on the lower time-frames

Good Trading

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.