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A bear trap is a colloquial name for a particular trading pattern in the stock market. Essentially, it’s a relatively sudden movement in a stock or in the broad market that lures in investors ...
And, so LSU is here to so to speak, attack “The Bear Trap.” It seems simple – the par 3 15th hole, the par 4 16th hole and the par 3 17th hole.
The Bear Trap — the 15th, 16th and 17th — might be a high-handicapper’s worst nightmare. The 15th is a 179-yard par-3, the 16th is a 434-yard par-4, and the 17th is a 175-yard par-3.
This would suggest the price action between Jan. 18 and Jan. 20 was a bear trap. The SPY has resistance above at $402.11 and $404 and support below at $394.17 and $390.71.
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