NinjaTradingServices

Multi-Top Formation On SPY: CRASH

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Big move to the downside incoming!

Lower timefraem supply in control at our reversal point and the recent tops are all being respected.

Short the bounces! :)
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Comments

Rofl interesting exchange but the price movement recently.. ill personally eat my shoes if it even touches 410
+3 Reply
@poister198, Haha I heard that one at the bitcoin top except it was his shirt not his shoes. Another guy said he would give me all his bitcoins if it happened, i haven't heard much from them recently. Good luck to you both though, it's not personal for me to be honest.
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poister198 NinjaTradingServices
@NinjaTradingServices, would agree a correction is needed but definitely not in this month, maybe end of year or november we might see meaningful correction (back down to 400 range) but possibility of correction in june following recent price action is near zero
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@poister198, Are you beginning to believe?
+1 Reply
poister198 NinjaTradingServices
@NinjaTradingServices, not really, seeing buyinh strength, highly likely a bounce incoming next week going past 4250. Head n shoulders yo
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poister198 NinjaTradingServices
@NinjaTradingServices, annnd once again, spot on
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@poister198, ? You mean me?
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poister198 NinjaTradingServices
@NinjaTradingServices, i mean me. Not too bad of a call considering i said 4250 by end of the week and we are 25 (SPX) points away on the first day.
And i maintain that no way in hell this is gonna go below 410, much less 400, in this month.
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@poister198, Ok Good luck.
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