Trend reversal pattern tutorial on $SPY for intraday traders
SPY This is for intraday traders. While doing intraday trades watch out for a trend reversal around 10:15-10:30 AM to see market is showing any signs of trend reversal. If you catch this reversal right and keep your losses small, you can earn lot of money in a short period of time.
You can get entries on a shorter time frame and keep adding if market keeps moving up or scale out taking profit.
Today's trend reversal indicated by the yellow arrow happened around 10:15 printing a huge green candle.
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