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monas

$SPY // S&P 500 4h: Bearish divergence. Don't let this fool you!

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
monas Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Technical Indicators Volume Bearish Patterns price Divergence SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) Bullish Patterns TRAP bulltrap
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indicator volumestudies bearish price divergence spy spx500 bullish trap bulltrap
Quick and simple one for today. Don't be fooled by this pseudo-recovery. Note increasing price on decreased volume? Better buy in ahead.
Comment:
Very basic TA on divergences can result in some nice profits. Hey, whether it pays for a coffee or your rent, profit is profit. :)
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