the_sunship

SPY - the alternative view - “Serpentine, Shel!”

AMEX:SPY   SPDR S&P 500 ETF TRUST
If you don't know the movie quote, look it up and watch it.

The bullish daily divergences bother me to no end, so I'm putting this up as an alternative. I'm quite sure yesterday's fast move down will be bought and we will rally over 400 again into July. A triangle for B would really mess with everyone's head for the summer, so here's the possibility.

“- Vince: Just go with the flow, Shel, just go with the flow.
- Sheldon: What flow? There isn’t any flow.”

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