Todopoderoso

getting close to short spy

Short
Todopoderoso Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
we clearly see that we are at the top of the linear regression channel. with a strong resistance at 292. we also notice the decreasing volume in this rally which is a bad sign. we can also see the trend line which ends around April 29. monday we can see a possible retrace to ~279. . should we close below 278 the rally would be over.
Trade active:
Got very close to the target. It should reach in the upcoming days.
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