What Makes This Trade Great: SPY Short with Trade Wave

What Makes This Trade Great: SPY Short with Trade Wave

Apr 21, 2025

Hello traders,
Barrie Einarson here from Trade Ideas with a quick spotlight on a great setup from this morning—straight from our Trade Wave feature. To Subscribe: https://go.trade-ideas.com/SHQ
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Today, I want to highlight a short suggestion we saw on the SPY. If you’ve been following the markets, you know there’s been a whirlwind of action—tariffs, global concerns, and economic headwinds. It’s the perfect storm for a reactive move, and Trade Wave picked it up beautifully.

We spotted a sell alert at $520, and sure enough, SPY dropped to $511 not long after. That’s a solid move and a clean opportunity for traders using this strategy.

Here’s what made this trade shine:
Trade Wave uses color-coded signals to guide your positioning. In this case, the signal remained orange, which meant the short trade was still in play. No blue? No need to exit. Even if you trim a bit along the way, you can ride that wave until a full transition occurs.

This is what Trade Wave is all about—visual clarity, timely signals, and letting winners run. You don’t need to overthink it. Let the colors and data guide you.

Back to the trading room for more action. See you there!