WillNixTrading

SPY - Momentum Divergence - Clear Breakdown 12-2-19

WillNixTrading Mis à jour   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Whats up traders -

Havent been posting much lately, but been keeping an eye on the SPY.

As far as Price Action / Momentum divergence go, this one is as clear as day. We broke the low MOMentum mark with today's bar close. As such, it might be a good time to starting thinking short, or at least closing out those longs.

Best of luck everyone. Hope for the best, plan for the worst.

-Nixx
Commentaire:
Commentaire:
always listen to MOM. She knows best.

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