Bwinks
Short

SPY and DJIA Short up and coming for next 140ish days?

AMEX:SPY   SPDR S&P 500
123 2 4
Been following stocks (nonactive) for ten years. Now am moving to swing and day trading.

Thoughts? I'm seeing a clear HS position downward, probably rebounding up afterwards (due to strong US economy beyond energies)
Order cancelled: Missed by 2 weeks.
It may go a lot further down than 180 if it breaks the 200sma
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I think for the H& S to be valid the head has to be higher than the shoulders. I do see price going back down to 180 or so though .
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