$SPY FINALLY TOUCHED
We have been waiting for price to touch and test this top trendline to see how strong it still is. Pay attention to what happens in the next few weeks and HOW we will end the year.
-I am lookin for a reaction around this area to see if we reject or keep on going
- It is a very big possibility that we can fakeout to the upside then we get sucked right back under the trend line.
-I am looking for some short term calls next week for some daytrades
-OVERALL I am holding some long puts for next year
No important news next week except for PPI data on Friday BUT THE COMING WEEK WE HAVE CPI DATA! So stay tuned for that big day
-I am lookin for a reaction around this area to see if we reject or keep on going
- It is a very big possibility that we can fakeout to the upside then we get sucked right back under the trend line.
-I am looking for some short term calls next week for some daytrades
-OVERALL I am holding some long puts for next year
No important news next week except for PPI data on Friday BUT THE COMING WEEK WE HAVE CPI DATA! So stay tuned for that big day
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