frodo75

Weakness in broad market

Short
frodo75 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Two of my most trustworthy indicators signaled and confirmed "Sell" a couple of days ago on the 4hr TF. This confirmation has not occured yet on the daily chart but should happen on Monday as I fully expect the market to continue the losing streak.

I have only 70 puts remaining from mt short position on SPY started on Nov 13th.

Good luck and caveat emptor!
Order cancelled:
follow through as expected from what i had seen yesterday. likely a bull run unless big money wants to get out of the market. highly unlikely. periodic shakeouts to throw out weak hands, so don't get excited when spx goes half % red!
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