tomerharyoffi

SPY Supply VS Demand

Panjang
AMEX:SPY   SPDR S&P 500 ETF TRUST
we can see that the price movement is getting tighter. which means 337-338 is acting as resistance. 3 times in the short past we hit the wall. it seems that someone is holding the market and perhaps the bulls are in command. (as much as I want to my UVXY position explode) this is not the case . for the upside I place my target 338.5 first resistance and then 340.69 for the downside 336.52. let see how Monday game will end
Penafian

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