BATS:SPY   SPDR S&P 500 ETF
203 1 3
This bounce ain't fooling me!
I agree, but a close above the 2013-08-26 high would change the picture --> although this could be a fake brakeout and reverse lower at 169. Don't fight the trend. Until today the uptrend since 2012-11-15 is not brokenyet: . I'm short in IWM with stop above the 08-26 high (https://www.tradingview.com/v/zMyRqmLF/), but long IBB (https://www.tradingview.com/v/oFnplUF1/).
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