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MarkWeetman

Trading the "Trump collar"

S&P 500 E-mini Futures (CME_MINI:ES1!)  
MarkWeetman  
CME_MINI:ES1!   S&P 500 E-mini Futures
Support and Resistance S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) SH trump collar
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supportandresistance spx500 spy sh trump collar
The S&P500 is trapped in a fairly tight range, between 2830 and 2960, we are currently mid range.

Short-term traders can trade the range, while more longer term investors can wait for the break ….

Look to buy the SPY ETF near the 2930 bottom of the channel, or use the inverse ProShares Short S&P500 ETF (SH) to get short at the top of the channel (2950)
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