The chart of the SPDR S&P 500 ETF (NYSE:SPY), which tracks the S&P 500 futures, shows a back test of a broken, bearish confirmed pattern.
- Trade of the Day
This energy stock has strong technicals, and call options have dipped down to an attractive entry. Get Trade
- What Makes Us Tick
At 24/7 Trader, you have full access to some of the market’s most experienced and successful options trading experts, and you can connect with other options traders who are down in the trenches just like you.
Our options experts have seen it all, and they’ve backed up the truck in all kinds of markets. What better way to learn (and profit) than from someone else’s experience? Read More
- 24/7 Trader Partners
- Free WebinarMay 224:30 PM ET
One of the top mistakes traders make is becoming emotionally attached to their trades -- which can be devastating to your portfolio. Join Jon Markman Wednesday, May 22 at 4:30 p.m. ET to discover how you can rein in your subjective side to capture more profits. Registration is FREE -- click here.