Zkalish
Short

Bye SPY (SHORT)

AMEX:SPY   SPDR S&P 500
SPY             is about 40 cents from hitting the blue descending resistance it has rejected cleanly four different times. There are about four SPX500             points up to go as well. When SPY             hits, and then rejects, said blue resistance, please pour a drink out for SPY             , because it's not gonna be bullish for a long time.
Adding this chart in as a reference to show daily rejections of the line, starting nearly one year ago with the May 18 2015 ATH
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