christopherbrecher

Market getting oversold.

AMEX:SPY   SPDR S&P 500 ETF
147 2 1
Approaching a dangerous area to short. Oversold market , still in a long term uptrend, can lead to sharp "snap-back" rallies.
Great work you have been on point lately.
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my opinion is that it will brake the trendline and will move lower...every upmove will be shorted
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