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AndreM.Moldegard-Eriksen

SPY Short, Daily timeframe

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
AndreM.Moldegard-Eriksen  
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPDR S&P 500 ETF (SPY) spyshort short ETF Fibonacci Trend Lines Support and Resistance support
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spy spyshort short etf fibonacci trendline supportandresistance support
Short idea on SPY. The price was rejected by resistance at 213.3 multiple times in April-July 2015. It has been on a downtrend since then. SL is above the resistance for security, however this is just according to my strategy, and you should do what you feel is best for you. Target is right above Fibonacci 76.4, however will reevaluate and move SL at each Fibonacci level.

Position:
Enter: 207.63
SL: 214
Target: 188

Order:
Enter: 210
SL: 214
Target: 188

Trail at:
1: 202
2: 198
3: 194
4: 191.5
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.