dspark123

Midas-daily profit SPY

Short
BATS:SPY   SPDR S&P 500 ETF TRUST
1
Currently topping is forming. Today price continuously below 8 MA, 16 MA, 24 MA, approaching to 50 MA.
1,705.06 on Aug 5 could be market top.
As long as price is falling down below opening price, net price and MACD along with Stoch RSI are pointing down, then, continuously short, short, short only at the peak of 5 min chart. Market sentiment is bearish forming. Bullish steaming is ran out gas.
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