SPY Long Idea

7월 8일

SPY is making new all time highs once again. Has a nice breakout here, I'll be looking for longs on a retest of the trendline below, if that doesn't hold, I'd expect to come back down to the $550 area before bouncing again.

7월 8일

노트

Well it tried to hold but eventually fell below. There's just no momentum today, near 0% change on the day. This could still go either way still, but I would've liked to see it hold above better than it did for longs.