looking for a retrace to 204 area Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Feb 19, 2015 1:34 PM

I like when fibs line up with major price pivots. The momentum divergence signals a turn soon if not now.

I'm more inclined to wait for a long entry than to short from here, but a retrace is what I'm expecting for the next few days.