SPY - Lighter exposure, solid profit
$SPDR S&P 500 ETF Trust(SPY)$ We're pushing into the Smart Money Zone right now — this is normally where rejections happen.
Since the monthly market bias, we’ve bounced +12%, and I’ve been slowly trimming exposure in my fund the past few sessions.
I think there’s a 55% chance this is a trap and we sell off one more time.
If I’m wrong, no problem — I’ve already reduced size, so downside is protected.
If earnings go well and a trade deal hits, we’ll still print. Lighter exposure, solid profit.
Now we find out...
Is retail walking into a trap or breaking out to new highs?
I’m betting trap.
Image
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here：
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
