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shkspr

SPY | SHORT

Short
SPDR S&P 500 ETF TRUST (BATS:SPY)  
shkspr Updated   
BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) SPX (S&P 500 Index)
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trendanalysis chartpattern indicator spy spx500 spx
SPY

Possible Scenario: SHORT
Evidence: Price Action, Macro Economy
TP1: 497$

It has fallen below the 50-day moving average (MA); the next support is at the 100-day MA at 490, and there is a gap at $497 that will likely be filled on the way down
Trade closed: target reached
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