MonkeyTrade
Short

SPY Bearish engulfing patter/fib pullback/bear pullback

AMEX:SPY   SPDR S&P 500 ETF
The volume has been light on the bear pullback since recent lows. Now we have a bearish engulfing pattern at a 61.8% confluence area. Similar patterns on other indices and many individual stocks . Would expect a test of recent lows.
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