SPY500 - going down from 2600
Uppdaterad
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.
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Update
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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.
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Looking good for a short
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