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Nick_Invests

Downtrend May Break

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Nick_Invests  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Moving Averages SPDR S&P 500 ETF (SPY) sma market downtrend rejection short Support and Resistance falsebreakout
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trendanalysis movingaverage spy sma market downtrend rejection short supportandresistance falsebreakout
Watching out for the possible downtrend/200 SMA false break.

Upon breaking the downtrend & 200 SMA, I will be watching 410-440 area for a possible rejection for entry short.
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