Even tough EMA
got crossed, the stock
has a possibility to go down the bounce back on the rsi
support. I believe a small short can be placed. Even tough 21 MA may also give a nice support. The prices seem also very flat for now. I could have placed a resistance at ~177. Furthermore this resistance was beaten. I don't play with SPY
for now, i don't bet on feelings, i'm don't have a cristal ball. What i can tell you is that investors don't know what to do for know as prices, have been quite flat.
Market Direction Prediction.