SPY coincidence? I think not...
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
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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