AMEX:SPY   SPDR S&P 500 ETF TRUST
- price tend to back at 70% of volume, pullback can be fast
- consider the yellow lines
- price could move in reg channel
- we may have bounces at fib levels
- death cross ahead !?!

{
Current S&P 500 PE Ratio: 19.77

Mean: 15.97
Median: 14.89
Min: 5.31 (Dec 1917)
Max: 123.73 (May 2009)
}

** always follow the market makers, how? well options and volume data is all you can get (right now P/C ratio is high which means bearish state ahead)
mark this dates : 15/07 - 19/08

good luck
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