SPY bounces after 60% or 100% retracement level

2017년 1월 1일

SPY might bounce after these two retracement level. My bet is on 60% after market opens Jan 3rd. Be ware of wash and rinse and the market might overshoot the 60% level to run the stops then bounces.

Happy new year!!!

2017년 1월 7일

노트

haha it didn't wash and rinse at all. gap open and bounced my short vix position returned 20%+. a nice start of a year!