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UnknownUnicorn7216011

Perfect Bull Trap Setup - SPY 20ema/50ema Bear Crossover

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
UnknownUnicorn7216011 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) ES nq100 Bearish Patterns
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trendanalysis chartpattern indicator spx spy es nq100 bearish
We have been watching this setup since Oct & Nov but it was held off by the wu-tang double bottom bounce and the nearly 20% move off the lows.

Keep eyes on the markets here for a flush.

Historically significant crossover as I have pointed iut in past published videos and charts with huge potential for extreme downside pressure.

DXY holding the 103 support is significant.
Comment:
snapshot
SPY 20ema/50ema 2week bear cross. 1st since 2008

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