don_shula

$spy in rising wedge since November

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
market is over extended and has been on a bullish tear for months now. market analyst are expecting a pull back and it could be happening sooner than we think. right now price is up atop that daily wedge, near resistance and all time highs, id be Leary playing this market could be a blood bath pretty soon.

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