SPDR S&P 500 ETF TRUSTPanjang
Expect 280 by tomorrow
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Title says it all. Last times we hit 200 ma, we spiked up, chilled for a day with a hammer / doji and then dropped back. Short term play here.
THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL
THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL
Nota
So I was a little off with the timeline. Current price is 277.85 as of this comment. I think we still reach the 280 range. And right as everyone goes short, some news about trade talks with China comes out and we blow past 280, hit all the short stops around 282, and squeeze higher, leaving the 280 range in the dust.
Just my opinion :)
Nota
Timeline was a little off, but still had the right idea :D
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