OversoldPOS

Divergence w/ Breadth - Mkt Rally Will Be Short Lived

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY

Looks like $CRM and a couple other earnings releases has a lot of traders spraying their shorts today. Congrats bulls! I'm increasing my long position on September Puts

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.