spy failed at second band resistance, resistance was 152.83 stalled at 152,86. now is at first band resistance which is now actually support at 152.36 but if this level fails next stop is 150.96. But we may make another run at 152.80-153 so lets watch before we take positions. i find the europe close the best time to open my daily positions when shorting (in short mode/sell rip mode now)
and you are certain? The odds are not favorable taking a position long or short at this price. When that changes in either direction I will trade then I will have my skin in the game. Its always a guess, but I like to guess with better odds and more information about directionality and I don't have enough yet. That is the analysis, it wasn't meant to take a directional position just yet though admittedly I am hoping I get to short. faster money when its right.