JamesBrown

SPY Short Idea

Short
SPY*10  
JamesBrown Updated   
SPY*10  
The set-up isn't there yet, but it may come soon and the success odds of at least a break even trade (setting stop to break even after price moves 1 or 2 stop levels in favor of the trade) are better than 1 to 1, IMO.

Stop above major resistance, targeting major support.

Comment:

Look at the long-term trend-line break in question.

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