kibakilla33

SPY Bear trap

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
They use previous resistance as a bear trap to fill their covers. They shorted above resistance and then flipped the "resistance level" for support by covering their shorts with people's new short orders.

Trapping them short at a local bottom and covering their higher-filled shorts.
Trade active
Comment:
Bear trap exactly

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