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afurs1

SPY Humpty Dumpty

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
afurs1 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY) short DXY Stocks sp500index
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trendanalysis chartpattern spy short dxy stocks sp500index
This trade is related to the DXY fluctuating as the dollar has been dropping.

SPY is approaching some heavy resistance, we may have a potential for a breakout.

However it likely wont be long lasting...
Comment:
FED Speech resulted in a huge pop wow
Comment:
Trend lines being respected
Comment:
huge pump from CPI into huge resistance. Doesnt seem like we were able to break that region yet...
Comment:
Potential to look for shorts as markets blasting into critical levels
Comment:
approaching critical zone, if we blast through this trade idea is INVALID for now..
Trade active:
Short from 460 zone, targets 450, then 440, then 430.
Comment:
short targets hit perfectly, 433 was the low.
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