SPDR S&P 500 (SPY): Can’t ask for a better set up, this morn...

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Re: gumbie05 post# 379760

Friday, 01/12/2024 10:09:18 AM

Friday, January 12, 2024 10:09:18 AM

Can’t ask for a better set up, this morning, to position oneself on the short side. Got off some more beautiful sells above 478 and the last one close to 479. Average prices in the high 477.88s…Super move that makes getting the best prices off easier! Still keeping my eyes on the DXY as the sell off in that is what fuels these markets and will keep them propped up as long as they can. Still think that the DXY is headed towards 100 in the intermediate timeline. If so, these SPYs could easily hit 480 plus. Let’s see….

- JMHO

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