AMEX:SPY   SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS
Surely it can't be this simple? S&P aftermarket looking weak AF ... coupled w/ bad data from Europe and we're staring at another likely gap down on open tomorrow.

I'd short any kind of gapfill at the open tomorrow... SL pretty darn close to today's close.

This is so obvious that it clearly has to be a trap right?
Comment: Watch for 50/200MA deathcross on the 15min... that'll be a good sign that this pattern will complete.
Agree with you... going lower soon.
However, I thing we go MUCH lower !
My medium term target is around 200.00
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@Ratoncilo, what's medium term for you? I think if it can break 267... there's a lot of room to run below.
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Ratoncilo chinawildman
@chinawildman, coukd es
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Ratoncilo chinawildman
@chinawildman, could easily see it break well below 200....
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Ratoncilo chinawildman
@chinawildman, medium term is 1 to 3 months.
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