WillN12416

SPY - Momentum Divergence - Clear Breakdown 12-2-19

AMEX:SPY   SPDR S&P 500 ETF TRUST
Whats up traders -

Havent been posting much lately, but been keeping an eye on the SPY .

As far as Price Action / Momentum divergence go, this one is as clear as day. We broke the low MOMentum mark with today's bar close. As such, it might be a good time to starting thinking short, or at least closing out those longs.

Best of luck everyone. Hope for the best, plan for the worst.

-Nixx
Dec 02
Comment:
Dec 02
Comment: always listen to MOM. She knows best.
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