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SPY: Bears Will Push Lower

Short
SPDR S&P 500 ETF TRUST (BATS:SPY)  
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BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Wave Analysis shorts techincalanalysis smartmoney prediction Forex forecast SPDR S&P 500 ETF (SPY) trading
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trendanalysis chartpattern waveanalysis shorts techincalanalysis smartmoney prediction forex forecast spy trading
snapshot

Looking at the chart of SPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.

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Commentaire:
Just as we predicted, we are swing a move in a favorable direction!
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