Market_Psychology
Short

Head and Shoulders

AMEX:SPY   SPDR S&P 500
214 2 4
Classic head and shoulders on Spy             . Strong reversal signal followed by heavy volume . Target is 198
I'm 100% in agreement. Sticking with Puts and buying up VXX rather than shorting though. You never know in this crazy market.
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Going to be an interesting year...my neck is getting soar from all the head fakes. Hopefully we get a nice healthy correction here so we can finish off the later part of the year in a bullish direction.
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