$SPY Bearish trend confirmed Short targeting 319-309-295
Updated
Long bearish candle engulfed previous week sessions with overbought indicators which started to reverse and heading down . Possible bounce during Mon-Tus sessions to 331.3 to form Death kiss then drop hardly to 319-309-295 . The decline path should lead us to mid of April or lets say 2nd Q earnings results which is around 8 weeks from now . Possible market will move sharper next week on both directions as we have big names earning starting with 
AAPL on Tue .. Technically all signs showing strong correction in range of 10% from the top which near by 300 levels and any bounce will be good opportunity to load short positions again..
AAPL on Tue .. Technically all signs showing strong correction in range of 10% from the top which near by 300 levels and any bounce will be good opportunity to load short positions again.. Trade active
Similar attitude with what happen end of 2018 .. Trade active
Note
indicators corrected 50% .. watch RSI now in range of 49Trade closed: target reached
Trade closed: target reached
Note
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