BEI
Short

SPY update

BATS:SPY   SPDR S&P 500 ETF
236 9 3
Same views than last chart, with updated levels and price action to watch
ok thar was a fast bounce,,,if trend resumes to 160 like stated above this is what we are looking at, same configuration 2011
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This is bullish

Obama to announce Yellen. Very dovish Fed member. http://finance.yahoo.com/news/white-house-preparing-name-yellen-fed-chair-wsj-225700329--business.html
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BEI QuantitativeExhaustion
Futures already up 40 basis point http://www.investing.com/indices/us-spx-500-futures
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BEI QuantitativeExhaustion
very nice, but 160 does break the trending channel...wonder what it will do. Guess we have to see if current level holds tomorrow first. Keep posting
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Thinking tomorrow could be a buy the dip day.
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Looks like today's price action is giving some clear signs prices chooses to rebound here at 167, look for a 3-4$ bounce if does and keep purple box for confirmation....this will not change long term 165 - 160 targets is bounces off 171
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BEI BEI
Ok, we are in the potential bouncing level, this is what i am watching
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Underlining move to follow on VIX for this scenario
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