SPY Thoughts April 25th

“SPY had a doji bar yesterday and then Thursday put in a topping bar.  It can be shorted here now as long as it doesn’t gap down too much Friday morning and I’d use today’s close at $158.52 as my stops, actually a few pennies above.”

These were my thoughts to subscribers regarding the SPY ETF last night, Thursday April 26th.

Have a great weekend.