InTheMoney Stocks
Short

When This Line Breaks, Markets Sell Hard: S&P 500

AMEX:SPY   SPDR S&P 500
This channel on the chart of the SPDR S&P 500             ETF Trust (NYSEARCA:SPY) shows traders and investors something amazing. It gives precise insight as to when the the markets will break down. Please note how both trend lines are perfectly parallel to each other. To discover when a major break down is coming, simply look for the break below the channel. As soon as that happens, the market will sell sharply. Look for the SPDR S&P 500             ETF Trust (NYSEARCA:SPY) to drop sharply following that break to a level of $188.50. The SPDR S&P 500             ETF Trust is trading at $191.78 currently.

Gareth Soloway
Chief Market Strategist
http://www.InTheMoneyStocks.com
haha nice
Reply
Or it fills the gap and bounces off other tend lines. More work is needed for this to be a meaningful chart.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out