Mac2302

SPY Short term drop

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY gonna drop by 2 more pts., it looks like a large expanding flat, meaning, may be one more push up, we wil know once correction is done,
Comment: Looks like drop is done, we are going up
Comment: Now, $1 up to 467.41 from 466.32
Comment: One more push up to 468.34 and them down
Comment: Upside target reached, heading down :)
Trade closed: target reached: Completed Wave-4 on upside, look for Wave-5 on downside