SPY sell off happened after double top check of the Bollinger band on the daily (we looks not at the 4h chart to see plan for quick reactions trading).
I would like to buy in the dip to ride it to the ~315 area and then place a short there.
I except for a sell for to the 300 area and there i would buy mre US equities.
Fundamentals:
QE on steroids + china headlines + investors searching for a positive trend generating assets.
I would like to buy in the dip to ride it to the ~315 area and then place a short there.
I except for a sell for to the 300 area and there i would buy mre US equities.
Fundamentals:
QE on steroids + china headlines + investors searching for a positive trend generating assets.