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li3z

S&P500 CORRECTION PATTERN?

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
li3z  
AMEX:SPY   SPDR S&P 500 ETF TRUST
S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
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spx500 spy
Doji @ 2014/11/24
Hammer w/ no reaction @ 2014/11/19
RSI @ 74
MACD decisively bearish

Market should correct
Opportunity to purchase when market corrects to fibonacci retracement @ 197
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