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tradingformoney
Mar 12, 2015 4:11 PM

double top, divergence, no momentum, thin cloud 

SPDR S&P 500 ETF TRUSTArca

Description

After 5 consecutive tk crosses the market when on a trend.
Currently that pattern of price movement has been disrupted.
Instead of the marketing running up, price shot down and formed a double top
with a thin cloud, indicating this market may produce a kumo break
if there is a tk cross to the down side

On top of that, the rsi is showing divergence as well
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