claydoctor
Short

spx500 pennant close up

FX:SPX500   S&P 500 index of US listed shares
121 0 2
so we are reaching the end of this pennant, and today's action, oil             news jump (no this isn't the bottom for oil             yet) , and apple             the day after the announcements glow is over. We went lower into this pennant, and should break lower to the measured move levels, but you never know, and certainly do NOT know what catalyst will move it out of the consolidating pennant. I am still short this market.
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