abigreen

SPY simple and clear

Short
abigreen Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Perhaps the picture is getting clearer.
Short target 400, if holds 400, go long to 420 and then short for summer to around 380

As I mentioned before, good earning was a sell the news last Q (QQQ)
Perhaps we repet the pattern and trap few robinhoods, who knows.

Comment:
if we go green today, we most likely going to surf under the resistance line and reach $420, then in May go for the correction to $400 or $385
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