R3negadeTrader

SPY Direction

R3negadeTrader Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Remember ya'll as much as I like to be bullish in the market, I am married to neither side. I play the side that gets me paid! So here is the scenario, The market as a whole is in an indecisive area right now, I am going to wait until 290 to really determine if we are back in a bullish market (i view the market in a much shorter span as so called "investors") . As of now we are in a sort of limbo
Comment:
SPY creating a lower Low but then immediately bouncing off the trendline and gunning back up to break the LH's made from before. We may see SPY go back into bullish territory by tomorrow

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