SPY failed miserably at the top of the range we talked about. This is a good example of why we used a variation of the "gap down" strategy to hold SPXU (SPY short).I am not adding positions. I will wait for a bottom of range test to possibly enter relative strength stocks in the next few days. If looking to add shorts, CYBR and AMBA still look good.
Into The Close
Paul
Singh
•
September 9, 2015

