$SPY Bull Trap ?
In the short term SPY broke out of the downward trend however break down below will signal a bull trap and anticipate a move back down 427 zone.
Overly long so I want the resistance to now act as support. Perhaps consolidate even for next move up.
Hedging with 10/15 436P nonetheless . Big OPEX next week, see what they do with that coupled with a miss on jobs data (bullish IMO).
Good Luck Traders : )
Overly long so I want the resistance to now act as support. Perhaps consolidate even for next move up.
Hedging with 10/15 436P nonetheless . Big OPEX next week, see what they do with that coupled with a miss on jobs data (bullish IMO).
Good Luck Traders : )
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