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AssetDesign

SPY - The Bear Case

Short
SPDR S&P 500 ETF TRUST (BATS:SPY)  
AssetDesign Updated   
BATS:SPY   SPDR S&P 500 ETF TRUST
Wave Analysis
2
0
waveanalysis
We can view this look as a 5-3-5 Zig Zag correction. The 3 wave is now or about to be completing. The C wave down, which would occur in five waves can be expected to reach equality, C = A, at the 355 level.

Adding Jan25 500 Puts for portfolio protection
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