SPY500 - going down from 2600
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Lots of sell indicators pointed out. The one positive buy indicator is the Trend Meter.
10 year yields are at a matching point, ready to send yields lower.
Yellow trend line is previous support, now resistance.
10 year yields are at a matching point, ready to send yields lower.
Yellow trend line is previous support, now resistance.
Note
Update
Note
Note
SP broke above the yellow line on anticipation of an announcement of an announcement. Ever heard of sell the news? Take a look at the 1 hour towards the end of the day. Keep in mind we're now also entering a 3 day weekend.
Note
Looking good for a short
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