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jmtbernardo
Feb 26, 2013 4:58 AM

SPY(S&P 500)(Short-Term) Short

SPDR S&P 500 ETF TRUSTArca

Description

There are several short-term negative divergences and indicators on S&P500. However, the long-term indicators such as ; moving averages 200, and 50 remain bullish. At moment the S&P500 is likely to decline. (Closed Loss) 153.58 on 2013-03-04.
Comments
jmtbernardo
Possibilities in case someone is short in this market and he/she wants to exit.
jmtbernardo
An article related to the topic; forbes.com/fdc/welcome_mjx.shtml
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