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mansofun

Predicting the spiders moves

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
mansofun  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis
4
0
trendanalysis
The market has hit 4 times on the 50 MA
We had a toping tail at all time high onbthe daily
We have been below the trend line green in my chart that im sure most of you agree is drawn correctly
And we are also hitting on blue support line .
There is a clear bear flag on the daily
Market is not fighting to go up.
Its fighting to go down

Idées en relation

mansofun
Spy is testing the 50 but wont go through, will turn down again
mansofun
continuation of the down trend
mansofun
spy will go down more if breaks below 50 MA
mansofun
spy is going down from now on
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