TTMTrades

SPY 375, Weakness Has Shown it's Face

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Intraday charts are a sneak peek into what you may see appear its ugly face on the daily chart...I said in my last post we needed a $380 pullback based on the intraday charts breaking down, consolidation and then we would start the next leg to $400. We never consolidated, just a random surge in buying to pull the price back up which is weakness in itself. Well now the 2 hour chart is showing weakness and when this happens, you will see much deeper pull backs. Looking at $375 to $372 pull back. Earnings are here so anything can happen, but as of now....The charts says theres a intraday sell off about to happen....

To The Moon Trades
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