dougscott174

SPY Selling Rallies in the New Moon cycle.

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Resistance held Twice at 457 as suggested in
last post.
Needs to break support at 435
Then 411 is very possible.
Pay attention to strong Resistance
in New Moon Cycles.
And attention to strong Support
in Full Moon Cycles.
Full Moon Cycle starts on Feb 16.
Looking for a low point, maybe 411 during that cycle.
Goodluck.

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