An ETF of the S&P 500, as you can see on April 20th it was not a good time to go bullish on stocks; wait to see how the the general market reacts with the orange line and MA it is approaching
Here's a SHORT for you to watch. I'd either short at $29.90 if it comes back up, or at $27.60 if it goes back down, buy back a third at $24.75, another third at $23 and keep moving the initial stop of $30.56 down on the last third.
Just to give you an idea what I look for on swing trades and what I'm looking at this week. I'd look to buy around $35.85, put my stop just below $35, and have 2 targets, Target 1 - just below $37, Target 2 at $38, sell a third at each, and hold on to a third if if goes further while moving my stop up if it continues higher.
One caution on this one it is very...
