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Reallifetrading
Aug 16, 2016 9:11 PM

THOUGHTS on SPY Short

SPDR S&P 500 ETF TRUSTArca

Description

This is a perfect evening star reversal at an all time high. I'm not bearish yet. Both of these pull backs will be healthy in my opinion.
This is all relative to IF we get a lower low tomorrow. If we don't - the whole thing could change. One candle can change everything.
Comments
ArmoredBull
I agree. The SPY will need a corrective structure in order for it to continue going forward. Nice chart by the way! Good job.
Reallifetrading
THANKS!!! : )
yanivbitton
Yes, SPY will Down
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