SPY Short Swing

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This swing trade idea is based on the daily timeframe. I have also already traded intraday on the same levels and trade idea and have already cashed in those positions. I have few that I am swinging and will take partials along the way and manage them accordingly. One doubt I have is how the NVDA earnings will play into effect. As for now, for indices this trade idea has good RR that's just too bad to miss. I believe the ultimate target will take time to deliver and may offer further opportunities of entry later on. We have been on the bearish OF on all TF and with strong rejection from the D. SIBI will indicate the price is very bearish. So far the signs are there and will need to see how we close today.

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