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Karass

Nice weekly chart on the SP500. Let the bodies hit the floor.

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Karass Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns sp500index
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trendanalysis chartpattern sp500index
SP500 hitting big WEEKLY trend line resistance. Great risk vs reward for long term play.
Comment:
Whelp folks, today that resistance got rejected HARD. Had a nice short position pretty much at the top, 3580. I was starting to scale in slowly but ended up selling pretty much the entire position for 50, 80 and 120 pips on that mammoth dump. Now hoping we go back up for another round of entries.
Comment:
Another day, another pool of blood. I just wish I could update the graph.

LET-THE-BODIES-HIT-THE-FLOOR formation still kicking in, could be far from over, we're just at the peak of the possible drop.
Comment:
Hitting February resistance on pullback, getting ready for continuity toward the floor.

Such a beaut'. Waiting for confirmation.
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