SPDR S&P 500 ETF TRUST
Short
Updated

Spy headed to 380

518
Should test 380 by minutes tomorrow . Was able to short at 385 to 382 this morning.

Bear flag playing out here.. Careful if your swinging longs..

Sizaleable 350& 360$ 1/13 contracts coming in..

Fed minutes will decide if this bear flag pattern kicks in tomorrow
Note
Hit the bottom of that trend support around 378.70 and bounce.

If we drop below that 376 gap close at play...
Note
Look for a retest and gap close to 380 at the open.
Stop loss 384.50
Note
Covered on the spy short... may drop to 379 or even lower at FED meeting but I'm good with 80%
Note
Vix at support here.. Spy back at resistance..

I took a short on QQQ at 267... target 265
Stop 268.50
1/5
Note
Placed a trailing stop here on QQQ... this thing might test 263 🤑
Note
Watch the VIX at its daily 21... the market is and will remain bearish as long as vix holds above that

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