AcornWealthCorp

SPY- Short if it retest support & breaks below 11

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY seems a very good intraday shorting opportunity as it broke the support & now retesting it from beneath. Now if it rises a bit to EMA 9 & reverse in hourly frame we can take a short.

You can check our detailed analysis on SPY in the trading room/ Executive summary link here-
www.screencast.com/t/yXKzJnoXHK
Time Span: 24:00"
Trade Status: Pending

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