WearTheFoxHat

Head and Shoulders SPY

Short
BATS:SPY   SPDR S&P 500 ETF TRUST
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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