$SPY Breakout / Retest and Breakout again? I’m in this using $SSO for leverage. I have a tight stop with a target of around $389 on $SPY. See notes on chart. AVWAP may act as resistance as well. But we are above an up curling 8 and 21 EMA as well as the down sloping 50 SMA.
Ideas, not investing / trading advice
Ideas, not investing / trading advice
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I gave this a short leash and moved stops to just better than breakeven. (used $SSO) made about 1% profit. Back on the watchlist.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.