KRSCBOE

Bear wedge in SPY. Watch the COMP RSI.

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
2
Another bear wedge playing out in the SPY. But every time the COMP RSI gets this oversold, we get a snap back rally. A weak rally, that only gets the RSI back to around 50, is what the bears need to see the SPY dip to 196.

ChrisBrecher
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