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Go short SPY based on bearish Cypher pattern
SPDR S&P 500 ETF TRUST
Short
Go short SPY based on bearish Cypher pattern
By FXPhantom
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Apr 8, 2013
2
Apr 8, 2013
Potential bearish Cypher forming on SPY.
Go short if you will see the topping candle or any sign of weakness around 156.40 - 156.50 level.
Initial target 155.50, secondary target: 154.90, Stop Loss: 156.90
FXPhantom
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