SPDR S&P 500 ETF TRUST
לונג
מעודכן

Targets Above

The FED showed its hand and backstopping the banks.

Market is pricing in 25bp and pause for this months FOMC

Here are my targets above on spy:

Mar9 GAP 391.56
200D MA: 393.24
SINCE QE POC: 395.29
20D MA: 401.43
back to 25bp: 407.45
FEB16 GAP: 408.14
FEB2 HIGH: 418.31
AUG 19 TWBB GAP: 422.14
AUG18 TWBB GAP: 426.86
הערה
Updated levels
תמונת-בזק

200D MA 393.24
20D MA 399.26
הערה
תמונת-בזק

Rejected the 200D on the daily. I took some puts at lunch to hedge long position to 406 (~JHEQX call strike).

Rejection here would increase velocity to the downside.

כתב ויתור