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SPY_Trader

SPY - Waiting for Pullback

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
SPY_Trader  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Technical Indicators SPDR S&P 500 ETF (SPY) spyshort
2
2
indicator spy spyshort
Looking at SPY, the only thing holding it up is the 20DMA. Once it breaks through, I'm expecting massing panic.

Stochastic and MACD have already signaled a bullish trend. I'm just patiently waiting for the calls I sold to go worthless.
I don't think it will be long.
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