Yung_Crypt0

SPY analysis

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AMEX:SPY   SPDR S&P 500 ETF TRUST
We’ve retraced to the .618 and now we’re just kind of floating in between the .618 and .5

Im leaning more towards the bearish side and I’m looking to grab cheap puts in June where I can find it. I’ll probably grab a few calls to hedge, but I’m just having a hard time being bullish right now.

I know there not any trend lines are anything, but i can’t find any good ones. I’m just looking at fib levels and volume until I can see a trend form
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