MoeYousef

potential short on SPY

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Overall I think SPY is long, however a descending wave need to start thus to continue it's ascending path crossing the past history high.

Comments

Guess we will see a new high soon and maybe after will drop a bit.
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I like your analysis, MoeYousef.
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MoeYousef Bullandbeartrading
@Bullandbeartrading, thank you
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