TheLongBear

S&P 500 breaks Ichimoku Cloud!

AMEX:SPY   SPDR S&P 500 ETF TRUST
Tech stocks took a big hit today and SPY (or SPX) has broken ichimoku cloud on the daily chart with a 3% drop. It could be the beginning of a bear market or a correction. We all know the big correction is due. Trade safe!

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