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theapearmy

$SPY Eyeing Downside Momentum

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
theapearmy  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Fundamental Analysis SPDR S&P 500 ETF (SPY) shortsetup downside CPI FOMC optionstrading
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trendanalysis chartpattern fundamental spy shortsetup downside cpi fomc optionstrading
SPY gap filled yesterday really quickly, but rejected at top and bounced off gold TL in EOD flush. Expecting CPI or FOMC minutes as catalyst for downside.
Note: bank ER is right after FOMC mins. Also, over $7.7B+ dark pool traded between 409.2-409.6 level; may act as S/R as this week unfolds.

Position: Eyeing downside momentum - watching how the market fluctuates beyond CPI and FOMC minutes.
www.threads.net/@jz_trades
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