Market getting oversold.

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Aug 20, 2013 10:45 AM

Approaching a dangerous area to short. Oversold market , still in a long term uptrend, can lead to sharp "snap-back" rallies.

Comments

StealthTrader

⋅ Aug 20, 2013 8:36 PM

Great work you have been on point lately.

modigliani10

⋅ Aug 20, 2013 11:23 AM

my opinion is that it will brake the trendline and will move lower...every upmove will be shorted