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bigAL_crypto

SPY coincidence? I think not...

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
bigAL_crypto  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) Weekly Charts 200wma 200ma Bearish Patterns neutral
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trendanalysis chartpattern indicator spy spx500 weekly 200wma 200ma bearish neutral
I would love to believe that everything is fine, but with such a large move in the southern direction, the trend is down......
We must stay with this perspective until proven otherwise.......
Everything is now lining up and I think it would be worth holding a longer term short......
31.8% retrace
200WMA testing

If we go higher, I will probably just sit on my hands and wait for another opportunity with a more clear direction.
IMO this is one of the higher probability short opportunities.......
GL
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