traderCarl
Short

SPY might be starting a MACD Negative Divergence

AMEX:SPY   SPDR S&P 500
spy
Spy             at the topside of a channel.
Macd starting a negative divergence
Average Bull run is 257 bars
This Bull run is at approximately 260 bars
I would submit that a pullback to .236 Fib. is possible ($158.8)
and could fall as low as Major Support line of $153
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