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finvizclub

SPY Incredible Free-Fall to 200MA

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
finvizclub  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns
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trendanalysis chartpattern
I didn't think this would happen so quickly without a decent bounce. After today's close, the chance for a Monday bounce is quite high, but plenty caution on the long side. I'm thinking things will look bearish until the rest of March and at the start of April.

200MA is a strong and psychological point for a bounce.
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