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hungry_hippo

SPY 2Hr

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
hungry_hippo Atualizado   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Technical Indicators
3
3
indicator
Waiting for 2 hr chart to show overbought before shorting the market.

Like I said yesterday, chip stocks are the only sector I would short, SMTC down big AH on earnings. Futures scrolling up again AH, oil and $NDX broke out today.

Comentário:
It looks to me like they're setting up for one final pump tomorrow, 401k pay day Friday where funds are forced to buy. I'd want to see the 2 hr chart get more overbought before shorting the market. If it doesn't so what.... too much FOMO on Trading View. More than likely next Wed/Thu will be a good short opportunity for a quick flip, like last week.

Long on NOK and HEAR, will probably be almost all cash going into the weekend. No point in holding a position long or short not knowing what's gonna happen with China.
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