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Elixium

S&P 500 / Odds of a full blown correction soon are high

Short
S&P 500 Index (FX:SPX500)  
Elixium  
FX:SPX500   S&P 500 Index
US30 S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) DIA QQQ IWM
3
2
us30 spx500 spy dia qqq iwm
- The market has made a triple top in the lowest portion of the 2011 Pitchfork and has challenged and failed 5 times at the 2120-2140 region
- The US30 has made a series of lower highs and it's moving average profile is weak.
- Earnings season overall looks weak (Apple, Microsoft, IBM, Yahoo etc.)
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