$SPY at resistance and looking bearish 08-15-2014

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Aug 15, 2014 5:24 PM

The Aroon crossover is not a good sign for SPY bulls (if there are any left). While there isn't any negative momentum at the moment the bearish setup many have been talking about may be forming.

SPDR S&P 500 ETF (SPY) technical_analysis