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MrMarketMaker

SPY confirms the 100 Daily MA as resistance yet again...look out

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MrMarketMaker  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis
1
7
trendanalysis
Chart is self explanatory. Haven't moved circles from previous charts, those are estimations of when I think we will get there based on trendlines intersecting.

I really think next week is going to be full of red. Spy will decline 3-5% next week.

Position: 265 / 250 put spread @ .70 per contract.
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