drshoe
Short

Be careful about a potential drop in S&P

AMEX:SPY   SPDR S&P 500
105 0 6
we might have another correction and then move much higher. The price has been in this tight range for a while now and it is accumulating energy and will break either up or down. My bet is to the downside so that we can attract enough buyers then move up further.
Comment: still lingering in a very tight range, we are not out of the wood yet
Comment: looks like we broke out of this pattern, making this prediction moot. the market is in consolidation phase, very difficult to tell where it is going
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