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ContraryTrader

Spy

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
ContraryTrader  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Support and Resistance Trend Lines
15
5
supportandresistance trendline
watch for the rejection , if it closes above it we could head back to 468 gap close.. Looking at all the other indexes (See link ) I think it'll reject and the next leg down will be to the 50sma..

Let's see what happens

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