WearTheFoxHat
Short

Head and Shoulders SPY

BATS:SPY   SPDR S&P 500 ETF
196 0 2
I saw this earlier this morning, didn't have time to analyze...

So everything about this screams head and shoulders top. Did you notice today's pathetic volume? Or the 10yr?
RSI , Volume , and the Ultimate Oscillator are diverging from price movement.

I think tomorrow's action is pretty critical. Do we break the neckline? We shall see. Failure to do so confirms the H/S I believe.
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