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statisticsingh
Sep 9, 2015 8:20 PM
SPY Bearish engulfing patter/fib pullback/bear pullback
Short
AMEX:SPY
1D
SPDR S&P 500 ETF TRUST
Arca
Description
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Sep 9, 2015 8:20 PM
The volume has been light on the bear pullback since recent lows. Now we have a bearish engulfing pattern at a 61.8% confluence area. Similar patterns on other indices and many individual stocks. Would expect a test of recent lows.
SPDR S&P 500 ETF (SPY)
SPX (S&P 500 Index)
Bearish Engulfing
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