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Traders should consider going short if $SPY rises to $430

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Technical Indicators Trend Analysis Beyond Technical Analysis spyshort SPDR S&P 500 ETF (SPY) tradingideas tradingsignals signalsfree freesignals freesignalsweek
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indicator trendanalysis beyondta spyshort spy tradingideas tradingsignals signalsfree freesignals freesignalsweek
Economic growth in the united states is projected to begin showing signs of slowing in the second half of the year. Potential double top coming near $430 on SPY . This is also a 61.8% retracement from the high of 2021 to the lows of 2022. Taking a short position at September 15 expiration while hedging against the trade with a long call at June 16th expiration should make this trade go smoothly. This trade is not for low delta positions but 35 delta plus.
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