3kovin

SPY short

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Since last correction to closest liquidity we can see that price did not reach level of 420 and stoped at 416.60
Range between 416 - 420 shows to us strength of sellers!
Level confirmed by small false breakout and one more touch of level.

Short opportunities under local level of 408$
Probably i will trade it though options or buying UVXY

NOT financial advice, use SL and manage your risk!
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