SPY short through SDS and FAZ,

24 Apr 2016

Hit the high end of the short range at the alternate bat 113. I actually took the short position using sds at a price of 18.08. Stop set at 17.47. RSI and Stoch. Looking like the time was right. This is just more of an update from the previous idea. Also looking to buy FAZ Monday morning on any pop In the SPY. Completely out of long positions now with the exception of T. After Watching oil pop I am much more convinced SPY is going down ( look at every down trend in spy (inverse correlation with oil)