dncla

Large bearish engulfing candle

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
129 views
6
22-Oct
Large bearish engulfing candle,
could develop into a bearish slope
towards 293.5 level;
SPY is currently sitting
on a descending accumulation
and OBV for the last 2 weeks at least

Comments

You are betting against the full power of the government ppt to keep the market rising. Not a good idea in my opinion in a highly politicized world. Ask bitcoin holders whether the US treasury can equally wreck the value of btc thru paper futures trading.
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