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JTravaux

Continued Downtrend - Short Term

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
JTravaux  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Head and Shoulders SPDR S&P 500 ETF (SPY) S&P 500 (SPX500)
3
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trendanalysis chartpattern headandshoulders spy spx500
Head & Shoulders + Bearish RSI Divergence + EMA as a resistance = all bearish signs for a continued downwards movement.

Target is 260-258 for the short term, and once there there will be a very important decision weather it will hold or not, or continue it's correction.
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