Narusik

SPY incoming death cross

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
My favorite indicators are the SMAs along with RSI, we are about to experience a death cross as the 50-SMA will be crossing below the 200-SMA in no time. We are far from the bottom on SPY. A lot of ground to cover along with VIX as we are holding lower and hgihger values respectively on the smaller time charts. Lots of potential for a dump

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