themarketzone
Short

Outside Bar with bearish Butterfly near the X of a Bat

FX:SPX500   S&P 500 Index
Complicated ahh? :)
Multiple bearish signals on $SPX             following Yellen's speech
Bearish Outside bar was formed earlier today but the price hasn't closed below the low yet (only spiked)
Price is still above Fast SMA line.
A close bellow 2060 should trigger the move towards 2050.

Weekly close is what matters for longer term reversals so yesterday's rally still doesn't impress me
Read more about $SPX             , $SPY and $DXY             - http://goo.gl/sTgxOJ

Tomer, The MarketZone
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Trade closed: target reached
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