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Daniel_Urdaneta

SPY hits 76.4 Fibo retracement - Pullback looming?

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Daniel_Urdaneta  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Fibonacci SPDR S&P 500 ETF (SPY) ES MES
3
0
fibonacci spy es mes
Impressive rally off the 200d MA breakout last week. My gut feeling says we should pull back a little from here. Don't focus on headlines and news not related to monetary policy - only price pays! And be aware of the relentless bull stopping out increasingly weaker bears.
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