Fineight

Finally SHORT trade in AYI & Favourite LONG in VIRT :)

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Hello everybody,

As I promised yesterday, I would like to share the SHORT trade in the AYI market. This trade has a very good fundamental background (INSIDERS increases SHORT positions). It´s a little bit risky trade because of the weekly trend-line, for which we cannot say whether it is rejected or respected...

And since I prefer LONG trades, I also share the VIRT market, where is a significant strength compared to the SPY market :)

Parameters of trades:
1) AYI (SHORT)
Entry: 82.07
SL: 93.00
PT: 60.21

2) VIRT (LONG)
Entry: 24.43
SL: 21.48
PT: 30.33

Good trading!
Jakub
FINEIGHT
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