SPDR S&P 500 ETF Trust
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LBTYK Short! W8 for a pullback on the SPY that brings profit

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Hi traders,

another portion of the analysis that we do on a daily basis! Yesterday´s trade has a big possibility of a winning trade - INSIDERS short, Price Action looks well and psychology behind candles confirms the weakness of Long traders.

I am talking about LBTYK SHORT.

If you compare SPY and LBTYK charts, especially the last 2 months, you will realize, that they correlate a lot.

SPY is going higher and higher so some PULLBACK is about to come. And this pullback will turn our short in LBTYK into profits.

Good trading guys,
Jakub
FINEIGHT

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