alexispr1988

Is this market about to snap?

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
1
He girls and guys, I have been watching the SPY for some time now and still think it's going down next week for these 3 reasons:

1. The average volume on the market is getting weaker.
2. Volume and MACD is diverging in relation to price action; they are going in opposite directions.
3. A FED raise hike could trigger a market correction.

Please do your homework and play this game at your own risk.

Tell me what you think; leave a comment.
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