BATS:SPY   SPDR S&P 500 ETF
153 25 1
$SPY
Shorting on a break away gap? Look what happend in the past after a break away.
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Are we looking at uptrend or downtrends with previous break away gap?
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KevinT QuantitativeExhaustion
Up. 1-0 for you.
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I'm looking at summer of 2012. We had a few false break away gaps that failed.
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KevinT QuantitativeExhaustion
That sounds interesting.
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Few more during the recent downtrend in May-June this year as well.
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KevinT QuantitativeExhaustion
I'm checking it out right now.
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I liked your previous bearish thesis more so now.
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Looks like we head to .618 Fib level or 1598 SPX
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KevinT QuantitativeExhaustion
???

Have chart?
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